Posts tagged as:

CAD-USD exchange rate

What To Do With Your Money When the Canadian Dollar Is Nearing Parity With the US Dollar

October 14, 2009 · 12 comments

in Canadian dollar, US dollar, exchange rates, forex, living in US, money management, purchases, spending, travel

The Canadian dollar is once again at 52-week highs and edging closer to parity every day.  Since this happens once in a blue moon, it pays to be able to recognize it when it’s happening and be able to act on the opportunity.
I’ve written previously about how you can build up your reserve of US [...]

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Commodities Currencies Trade With Oil Prices

September 14, 2009 · 4 comments

in Canadian dollar, Canadian economy, US dollar, commodities, forex, oil

The Canadian dollar (CAD) is a commodity currency, for better or for worse.  This means that global traders view its worth in terms of the commodities produced within the Canadian economy: gold, timber, silver, nickel, potash, wheat, natural gas and, of course, oil.
By far the most strong correlation with the value of the Canadian [...]

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Still A Good Time for Canadians To Purchase US Dollars While The Loonie Is High

August 5, 2009 · 5 comments

in Canadian dollar, currencies, exchange rates, financial planning, travel

Yesterday the Canadian loonie started a downward climb again, but was still buying 93.1 cents USD (down from a Monday high of 93.9 cents USD).  Last Friday the Canadian dollar was at 92 cents USD.  If you didn’t get a chance to purchase American dollars then, consider doing so now.
How To Purchase US Dollars
There are [...]

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