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-   -   Canada: How do you feel about the dollar? (https://thetfp.com/tfp/tilted-fun-zone/118643-canada-how-do-you-feel-about-dollar.html)

Leto 09-19-2007 07:21 PM
Quote:
Originally Posted by Baraka_Guru
Okay, that damned loonie is up over 97 cents now. It's at a 30-year high.

Oil is at nearly US$80 a barrel.


Correlation?
I heard that the cost of oil would have to be over $100 USD per barrel to equal the cost of the energy crisis days of the '70's --- allowing for inflationary adjustments of course.

Incidently, I recall the canadian dollar being around $1.09 US back in those days. At least that was the exchange posted on the counter at McD's when I worked there in '74.

Ourcrazymodern? 10-04-2007 04:45 PM
Is it any coincidence that the next generation uses "dollar" as a pejorative?

Sticky 11-01-2007 05:00 AM
Canadian dollar was up at 1.06USD yesterday.

What do you think the upper limit will be?

Leto 11-07-2007 09:34 AM
it traded at $1.10 US on overseas markets last night.

Sticky 11-07-2007 10:42 AM
I am still trying to decide when to buy USD (with the plan of buying back CAD some point in the future)

Laugh-O-Matic 11-07-2007 08:04 PM
Being an Indian, I'm glad the dollar is dipping. This means that the exchange rate is in my favour. A few years back, it was around 55 rupees to a dollar, now, it's come down to around 43 or so.


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