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Loonie pares losses


Business | 206752 hits | Feb 17 10:45 am | Posted by: tritium
7 Comment

The Canadian dollar tumbled more than two cents against the U.S. dollar in early trading before cutting its losses by about half to trade at 79.33 US at noon ET.

Comments

  1. by avatar tritium
    Tue Feb 17, 2009 6:49 pm
    I am sorta surprised that the Canadian dollar is not stronger against the U.S. greenback.

    I have no trust in the U.S. dollar anymore, or the economy at least for the next 3 to 5 years.

  2. by avatar BartSimpson Gold Member
    Tue Feb 17, 2009 6:58 pm
    Oooh, .73 on the US dollar? Time for me to come up and visit again. :rock:

  3. by avatar -Mario-
    Tue Feb 17, 2009 7:01 pm
    "BartSimpson" said
    Oooh, .73 on the US dollar? Time for me to come up and visit again. :rock:



    Rub it in ROTFL ROTFL ROTFL ROTFL

  4. by avatar bootlegga
    Tue Feb 17, 2009 7:03 pm
    "BartSimpson" said
    Oooh, .73 on the US dollar? Time for me to come up and visit again. :rock:


    Actually, it .7933, not .73 cents.

    I would be jumping in the streets if it was though, because I'm sitting on several thousand in US dollars that I'd like to change.

  5. by avatar BartSimpson Gold Member
    Tue Feb 17, 2009 7:24 pm
    Maybe by summer it'll be down to .63 again. Back in 1994 when I came up it was pretty awesome for the wife and I to eat at McDonalds and pay with a US$20 and we got over CDN$20 back in change! Walking out with more than you walked in with (at least in face value) was pretty damned cool! :D

  6. by avatar BartSimpson Gold Member
    Tue Feb 17, 2009 7:25 pm
    "-Mario-" said
    Oooh, .73 on the US dollar? Time for me to come up and visit again. :rock:



    Rub it in ROTFL ROTFL ROTFL ROTFL

    Hey, it's good news for tourism in a down economy. :!:

  7. by Anonymous
    Tue Feb 17, 2009 7:56 pm
    "BartSimpson" said
    Oooh, .73 on the US dollar? Time for me to come up and visit again. :rock:



    Rub it in ROTFL ROTFL ROTFL ROTFL

    Hey, it's good news for tourism in a down economy. :!:

    you must be talking about the US economy :P

    The dollar is attached to oil so go fill your car and watch the loonie rise this summer.

    Keep that tank filled when oils starts rising 150 bucks a bbl is going to look like child's play.



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