I hate this weak Canadian dollar :(

[zulaika]

How long is the CAD going to keep tanking against the USD? The election of the orange man seems to be helping it rise even further, on speculation alone without him assuming office yet.. and I hear he plans to kill a lot of trade deals with Canada... goodness what the heck is going on?

Money experts, please give me something to look forward to, this exchange rate is killing me, when I travel and change my money to USD... and sending money to folks back home

[FAH1223]

Oil is remaining cheap, so the loonie is gonna stay low

Plus, the Bank of Canada wants to boost exports in other sectors to get the economy growing, so I doubt the CAD is going to get stronger. It'll be weak for a while. Since 2012 the trend has been down.

[TeeriReturns]

How long is the CAD going to keep tanking against the USD? The election of the orange man seems to be helping it rise even further, on speculation alone without him assuming office yet.. and I hear he plans to kill a lot of trade deals with Canada... goodness what the heck is going on?

Money experts, please give me something to look forward to, this exchange rate is killing me, when I travel and change my money to USD... and sending money to folks back home

the Canadian central bank is killing your loonies just like they are doing in UK, EU japan etc, this is fiat money, it not money, best advise i can give you is buy gold and silver, always put 10-20% of your money on silver/gold - but this is along term strategy dont expect to see massive returns for months/years, your biggest experts have had slashed prices like oil and other resources and we are all victims of the going secretive currency war,

best thing you can do is learn economics and educate your elf, its better than asking someone for advice and and always being confused and clueless , here is the best book i can recommend for the laymen to learn about what is happening to the world financial markets and currency, yes they are more geared toward america but same principles apply


two names i can give you right now are peter schiff and james rickards economic books for non economist trained people, very good reads and lots of tips and knowledge on how to protect yourself from weaking currencies regardless of where you reside

https://www.amazon.ca/Crash-Proof-2-0-E ... ter+schiff


https://www.amazon.ca/Road-Ruin-Global- ... s+rickards

[jamal9]

Move ya ass to the states then.

[SuldaanMaplesyrup]

It's only going to get worse

[Basra-]

How is US dollar doing so well and the rest of the world not? UK pound is 80 - us 100 now! Wow. Trump---don't mess this up now

[CigaalSHiiDaaDCFC]

Tell me about it

It's only going to get worse

http://imgur.com/1M4fFPO

[MujahidAishah]

The UK Pound is at rock bottom.. the pound on the currency market be like:

[AbdiWahab252]

I am heading on a month long vacation and am loving the exchange rates.

Zulaika.. always hedge your bets by gobbling up USD when the CAD gains against the $

[SuldaanMaplesyrup]

I am heading on a month long vacation and am loving the exchange rates.

Zulaika.. always hedge your bets by gobbling up USD when the CAD gains against the $

Might as well buy a brand new car up here while you're at it. The dollar is so low you could be saving thousands

[kanadiid90]

and I was planning to move there

[PanSomaliNationalist]

As a fellow reer canada I agree with you

[QaxootiWaaxid]

PRESIDENT TRUMP IS ALREADY MAKING AMERICA GREAT AGAIN

[gegiroor]

Cheap Canadian dollar is good for Canada's exports. It may hurt when you want to travel or sending money to relatives back home, but it would help many people in Canada employed. Look at the Chinese, they devalue their currency, so they can dump cheap Chinese products to America's markets, but at the end it means more Chinese working, having money to spend, and paying taxes back home.

[zulaika]

It's only going to get worse

Which app is this?