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Thread: Back to parity

  1. #1
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    Default Back to parity

    The buck is back to parity vs the loonie today - is that reflected on the exchange rate of those two vs the DOP ?

  2. #2
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    My Canadian Stocks got killed while the loonie was rising, how come I'm still losing money on my Canadian Stocks now that the loonie is coming back to earth...sell, sell, sell...

  3. #3
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    booo, and this has to happen a few days before I go back. Man, it had come close to $36 pesos during the storm. Should have cashed in. hahah

  4. #4
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    Dollar Canada (CAD) Dollar US (USD)

    DOP 33.29650 33.15000

    From Yahoo Finance

  5. #5
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    CAD to USD (N/A:CADUSD=X)
    Last Trade: 1.0077

    Almost there...doesn't get much closer than that...is this good news for Canadians living in DR...I'd think if you're retired that stronger is better...right?

  6. #6
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    Close but no cigar!
    DEC futures hit 1.0002
    We did retrace almost 950 PIPS from the top, perhaps a correction to 1.0240, 23.60%? Keep an eye on Crude.
    It's interesting Cambistas are now trading the Loonie vs RD pesos now
    tambo'
    Last edited by Tamborista; 11-28-2007 at 11:59 AM.

  7. #7
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    One Canadian Dollar is now worth 0.9969 US Dollars...heading back to 0.6400?

  8. #8
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    It looks like it will consolidate around parity, perhaps trade between .98 and 1.02 for a while......are you trading it? IMO, it has one more leg to go!

    tambo'

  9. #9
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    I should be trading it but I don't trade on the Forex...just equities. I keep my eye on currencies because they effect equities. When you where talking about "PIPS and retracement" I figured you were trading it. I agree that the two currencies will probably consolidate around parity.

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