Good news for Canadians..... CAD makes 5 cents in a day!!!!

william webster

Platinum
Jan 16, 2009
25,269
1,543
113
Hahaha

Show me where the Cdn Dollar jumped 5 cents.... it didn't happen , to my knowledge
still in the 60's as far as I know
 

mobrouser

Bronze
Jan 1, 2002
2,261
33
48
Did you follow the link in the first post?

Yes, but unless you're a big time investor, it's the closing rate that matters to the general public, not the fluctuations of $0.05 during the day that benefit the corporate money traders.
 

Ecoman1949

Born to Ride.
Oct 17, 2015
1,744
263
83
Hahaha

Show me where the Cdn Dollar jumped 5 cents.... it didn't happen , to my knowledge
still in the 60's as far as I know
Hola Bill,
Actually hit 71 cents late Friday. GOC didn't cut interest rate. Oil is up also. The frackers in the US are feeling the economic pressure from low prices and Iran is set to turn on their taps. Exactly what OPEC wanted. Once the US gas supplies from fracked wells starts to decrease, oil should stabilize at $50 a barrel. At least that's what's the pundits say. Our NL offshore oil is still profitable at $20 a barrel. And more in demand now that the tar sands oil has been tainted with the dirty oil name by environmentalists.
 

william webster

Platinum
Jan 16, 2009
25,269
1,543
113
I like 1949..... 1948 was a better crop but.... c'est la vie

No 5 cent jump is my point.
I'm watching out for j&t's future.... they have the chart upside down.... less future that way

The tar sands are losing at this price... I forget our UWO calculation for them in 1973.... $30-35/barrel.
Who cares?

My pal loaded up on CAD at 1.25 and dove deeper at 1.38-1.4.... he's loaded

I'm waiting for the Farmers' Market on Lake Huron..... no imports for me
 

william webster

Platinum
Jan 16, 2009
25,269
1,543
113
no, that's your error

$1CAD times 1.41 gives you your number

It went from $.685 cents to $.708....
that's the money you spend......
 

william webster

Platinum
Jan 16, 2009
25,269
1,543
113
I'm trying to help you here...

when was the last time the headline read
"Dollar Drops 5 cents to $1.41' ???

The Inverse is what you have.

It's which side of the street you watch the dollar from but 70 cents (& .8) is where it is.
Up 2 cents on the week