Canada bargain loses clout
September 23, 2007
Whats up with the Dollar? It just evened up with the "Northern Dollar" & is losing big time to the Euro! Europe will be out of the Pic for most of us this winter & those of us thinking about heading to whistler VS the Rockies just might rethink that also.
Did you ah, miss that bit about the Fed lowering interest rates earlier this week? Cause preceeds effect.
I rethought my customary 2 Canadian ski weeks ~10months ago.
Gonna keep the MEC card tho.
For my sake (building a home--will be closing loan in 30 days) I hope interest rates drop in the lending market....they should anyway...
Sounds like a very Comprex problem...Got to be a few more issues than the Int rate though.
Guess we're gonna have to start referring to the U.S. dollar as the "American peso" now, eh?
Actually the "American Dollar"....transformed to the "World Dollar"....Global BS! I wonder how much a pound of Prarie
Dog will be worth on the world MKT?