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What's up with the USD?! What's up with the USD?!
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Old 09-06-2004, 06:10 PM   #1
sake
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What's up with the USD?!
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN
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Old 09-06-2004, 06:32 PM   #2
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the main reason why i hate bush
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Old 09-06-2004, 06:40 PM   #3
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dang, I did no know it had gotten that low..
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Old 09-06-2004, 06:41 PM   #4
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we need a low dollar right now
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Old 09-06-2004, 06:57 PM   #5
The Other Steve
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It might not be the US dollar that is the problem - it could be that the Canadian dollar is stronger.

At the moment the Aussie dollar /US dollar exchange rate is better than it has been for a month or two.
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Old 09-06-2004, 06:59 PM   #6
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Quote:
Originally posted by sake
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN
I hope it someday becomes par. I would go on a shopping spree every week!
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Old 09-06-2004, 08:31 PM   #7
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I worry that this could get worse.
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Old 09-06-2004, 08:39 PM   #8
piker
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Quote:
Originally posted by sake
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN
Yea, that was the clinton adminstration artificially inflating the value of the dollar with various methods.... Which also is why manufactoring jobs hit the road.. it was cheaper to produce else where then use free trade and sell at the inflated dollar....
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Old 09-06-2004, 08:41 PM   #9
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Quote:
Originally posted by JakeR
we need a low dollar right now
Most on GFY, don't understand macro economics... so expect to be flamed...
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Old 09-06-2004, 08:46 PM   #10
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Originally posted by fr8
I worry that this could get worse.

I believe so too, doh!
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Old 09-06-2004, 08:47 PM   #11
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yeh the aus dollar exhange has been pretty high of late..
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Old 09-06-2004, 08:56 PM   #12
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Yeahp 12 months ago the AU dollar was @ 57.00 which converted a lot better USD, compared to what it is doing now.

We can thank both Bush and Johny for that one.

But hey look on the brite side, Interest rates are going up after the election and were promised up near 9% around Jan next year.
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Old 09-06-2004, 08:57 PM   #13
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What's up with the USD?!
It's fucked.... next!
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Old 09-06-2004, 08:59 PM   #14
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Man, a year ago I was getting $1.65, now it's $1.27!!!!
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