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Jay_StandAhead

12-07-2004 10:09 AM

Cheers to the Central Bank of Canada!

Way to go! they didn't raise the interest rates and it sent the dollar plunging :drinkup

http://ichart.finance.yahoo.com/w?s=^CCD

hershie

12-07-2004 10:10 AM

My mortgage on my condo is variable/floating so :banana :drinkup :drinkup

Vitasoy

12-07-2004 10:13 AM

Niceee! Time to do some exchanging... 1.1855 :glugglug

Jay_StandAhead

12-07-2004 10:14 AM

Quote:

Originally posted by Vitasoy
Niceee! Time to do some exchanging... 1.1855 :glugglug

sounds pathetic, 1.18, doesn't it...

AphEX

12-07-2004 10:19 AM

Quote:

Originally posted by Jay[neX]
sounds pathetic, 1.18, doesn't it...

yeah but I'm happy anyway :glugglug

hershie

12-07-2004 10:23 AM

The near term trend is still down for the US dollar. There is no way around this as the US doesn't have the appetiite to raise their rates high enough to prop up their dollar. That's why gold stocks look particularly interesting right now. They usually act in inverse relationship to the price of the US dollar.

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