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Old 11-14-2007, 11:39 AM   #1
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American Dollar is quickly climbing back up!!!!!!!!!!!!

Go to your favorite financial site and see for yourself
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Old 11-14-2007, 11:44 AM   #2
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doesnt seem like that to euro

1.46605

http://www.xe.com/
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Old 11-14-2007, 11:46 AM   #3
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sorry maybe i rushed the gun on that one.... it is happening to the canadian dollar though
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Old 11-14-2007, 11:52 AM   #4
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Occasional fluctuation will occur, but there won't be any "quick" climbing anytime soon. I doubt there will be any climbing of the US dollar at all... other than those occasional fluctuations
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Old 11-14-2007, 11:54 AM   #5
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More than 95 cents hen selling US Dollars now. WOOOOO!
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Old 11-14-2007, 12:07 PM   #6
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Nop versus Kuna still falling.
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Old 11-14-2007, 12:52 PM   #7
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yep canadian $ has gone down a bit over the last couple of days.
I hope it falls all the way back to $0.70
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Old 11-14-2007, 12:53 PM   #8
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i dont know how much trust there is to this but i have heard alberta there is a 15 year slowdown when it comes to drilling.

this is supposed to have a direct relation to the falling american dollar.

so this must obviously affect canadians because americans our such big importers.

i am no economist but his is what i have heard.
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Old 11-14-2007, 01:06 PM   #9
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I read today that the latest U.S. consumption report was better than expected, maybe that plays a role here (if it IS climbing, to lazy ATM to check it out).

Oh, how much better..? 0.2% instead of the 0.1% that was expected...
Lol.. gotta love the market psychology.
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Old 11-14-2007, 01:10 PM   #10
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i dont know how much trust there is to this but i have heard alberta there is a 15 year slowdown when it comes to drilling.

this is supposed to have a direct relation to the falling american dollar.

so this must obviously affect canadians because americans our such big importers.

i am no economist but his is what i have heard.
There is no question the rise in the Cdn dollar has affected the amount of drilling done this year. Also going to crush the Alberta economy is the royalties put into place starting 2009. As a result you have Sask being very aggressive to get the rigs relocated to their province with no royalties in place. Things in Alberta could get very ugly very soon.

Maybe with any luck it forces the bank of canada to reduce rates and force our dollar lower.
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Old 11-14-2007, 01:18 PM   #11
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good article about the negative problems the CDN economy is facing with the rise of our dollar.

http://ca.news.finance.yahoo.com/s/1...onomy-boc.html
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Old 11-14-2007, 01:43 PM   #12
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that's good news
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Old 11-14-2007, 06:37 PM   #13
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it has fallen back again
better cash out fast
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Old 11-14-2007, 07:04 PM   #14
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There is no question the rise in the Cdn dollar has affected the amount of drilling done this year. Also going to crush the Alberta economy is the royalties put into place starting 2009. As a result you have Sask being very aggressive to get the rigs relocated to their province with no royalties in place. Things in Alberta could get very ugly very soon.

Maybe with any luck it forces the bank of canada to reduce rates and force our dollar lower.
Drilling in Saskatchewan is not expected to boom for at least another couple years. alberta will be alright for a while. they are seriously some dumb motherfuckers trying to pass these royalties on the industry that floats our province though. i've heard reports that devon has already decreased their production by 35% and encana is threatening to pull all their new developement in alberta altogether. seriously, who had this brilliant fucking idea???

Saskatchewan of all fucking provinces is projected to be 2008's leader in economic development....
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Old 11-14-2007, 07:16 PM   #15
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I saw it more pesos yayyyyyyyyy
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Old 11-14-2007, 07:17 PM   #16
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dont let china know... they will dump some more US dollars
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Old 11-14-2007, 07:26 PM   #17
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Good thing I like it here. It's getting so I can't afford to leave very often.
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Old 11-14-2007, 10:54 PM   #18
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BS, it is not climbing up ...
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Old 11-14-2007, 11:07 PM   #19
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ya ya ya, whtevr you say i guess
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Old 11-14-2007, 11:15 PM   #20
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I saw a 5% change (in my favour) over a 48 hour period on AUD-USD a couple of days ago
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Old 11-14-2007, 11:54 PM   #21
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yep canadian $ has gone down a bit over the last couple of days.
I hope it falls all the way back to $0.70
better yet .64 like in 2002
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Old 11-15-2007, 12:34 AM   #22
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I think it is going to be short lived
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Old 11-15-2007, 01:10 AM   #23
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well the canadian dollar was as high as 1.10 last week so it being at 1.03 is a fairly large drop
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Old 11-15-2007, 02:41 AM   #24
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jep... climbing quickly
its INSANE
omg
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=3m

lol... yeah right
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Old 11-15-2007, 03:39 AM   #25
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I know a guy that does lots of stocks trading and makes lots of cash regularly, he says in near future USD's gonna jump vs EUR to 1:1.3 or better, then it'll quickly fall back and keep falling to even 1:2

"Dead cat bounce", as he named it, happened several times before. It's created and used by white collar thieves to preserve their wealth.

Sounds like a bullshit to me (no one can do it with large amount fast without distracting the rate), whatcha think? Too late for me anyway, converted everything month or so ago at 1:1.43 (bank's fee included)
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Old 11-15-2007, 03:44 AM   #26
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still low as fuck
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Old 11-15-2007, 05:02 AM   #27
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jep... climbing quickly
its INSANE
omg
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=3m

lol... yeah right
I think he may have been referring to today vs. CDN - a bit of a different story:
http://finance.yahoo.com/charts#char...urce=undefined

(Caveat: It was rising at the time of posting this link - for the smartasses out there who will quote me tomorrow...)

Quote:
know a guy that does lots of stocks trading and makes lots of cash regularly, he says in near future USD's gonna jump vs EUR to 1:1.3 or better, then it'll quickly fall back and keep falling to even 1:2
I follow USD:CDN frequently as I move enough to make it worthwhile ... and from what I've seen, expert advice on what's going to happen is VERY shortlived in currencies - i.e. changes daily)

Last edited by Kevsh; 11-15-2007 at 05:04 AM..
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Old 11-15-2007, 07:52 AM   #28
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The CDN is going for a nosedive today. 1.02 cents and pay drop a bit more
excellent time to convert from US
I am dumping a whole lot today
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Old 11-15-2007, 09:09 AM   #29
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The CDN is going for a nosedive today. 1.02 cents and pay drop a bit more
excellent time to convert from US
I am dumping a whole lot today
dude to early,the canadian will drop alot more
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Old 11-15-2007, 09:12 AM   #30
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china GO!
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Old 11-15-2007, 10:31 AM   #31
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dude to early,the canadian will drop alot more
yeah but cant afford to take a chance
dumped a whole lot at .965
thats not bad, 1000 US got me 965 CDN
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Old 11-15-2007, 10:54 AM   #32
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i knew it would, gotta have faith in the US
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Old 11-15-2007, 11:15 AM   #33
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Today i got 0.978 for 10k exchange
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Old 11-15-2007, 11:53 AM   #34
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0.9611 is what my bank gives me.. where are all you guyd exchanging at?
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Old 11-15-2007, 11:55 AM   #35
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no way , Its sad when Canadian money is worth more then ours .....
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Old 11-15-2007, 12:52 PM   #36
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0.9611 is what my bank gives me.. where are all you guyd exchanging at?
in another thread i mentioned perspolis.com and xe.com
it is about 970 CAD to 1000 US now
Might start dropping tomorrow
and keep in mind only CAD has fallen today....the US has NOT risen against other currencies
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Old 11-15-2007, 12:54 PM   #37
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The U.S. dollar currently has the biggest short position amongst investors, ever. It's only a matter of time before the U.S. dollar becomes too cheap and rebounds from the mother of all short squeezes.
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Old 11-15-2007, 01:07 PM   #38
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0.98492 ....... on xe.com whooooooooo
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Old 11-15-2007, 01:23 PM   #39
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The U.S. dollar currently has the biggest short position amongst investors, ever. It's only a matter of time before the U.S. dollar becomes too cheap and rebounds from the mother of all short squeezes.
He is right, the USD is shorted by not only investors but governments but the time will come when one of them blinks needing to cover thier shorts by buying and then all the other shorts will get the giant squeeze...
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Old 11-15-2007, 01:27 PM   #40
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I try to think about the dollar as little as possible lately, ruins my mood
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Old 11-15-2007, 03:27 PM   #41
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CDN$ is down, it's check cashing day....
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Old 11-15-2007, 03:28 PM   #42
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i saw it at my bank $1 = $1can today.

now fell almost 2 cents, up and down like crazy.
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Old 11-15-2007, 03:29 PM   #43
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almost back at par!
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Old 11-15-2007, 03:36 PM   #44
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just like i said earlier in the year

we take a nosedive...you guys are going down with us

all of you.....

just wait
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