Posts tagged as:

greenback

What To Expect in Stock Markets for February

February 1, 2010 · 6 comments

in 2010, February, S&P 500, international stock market, investing, market reports, market trends, seasonal investing, stock exchanges, stocks

Predicting where the stock market will go in February might be a lesson in futility more than futurity, but that doesn’t mean we can’t pay close attention to what the analysts are looking out for – and other key pieces of market news such as earnings, announcements from the Fed, levels of consumer credit card [...]

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Historical Highs and Lows of the Canadian Dollar Against the US Dollar

October 3, 2009 · 3 comments

in Canadian dollar, currencies, exchange rates, forex

With the US dollar in a general bear market decline since about 2001, more and more speculation and trading is beginning to reflect lower expectations for the greenback as a result of the US Fed’s unprecedented levels of “quantitative easing” and fiscal stimulus.
This has Canadians enjoying the resulting higher values in the loonie and greater [...]

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Traveling to Canada: You Will Need To Convert to Canadian Money (Canadian Dollars)

August 28, 2009 · 0 comments

in Canadian, Canadian dollar, currencies, forex, travel

If you’re driving up north over the border, you won’t be able to use your U.S. dollars in Canada.  You will need to buy Canadian dollars.  There are a few bordertown-type places (like the Windsor casino) that might take your U.S. dollars at par, but don’t count on it.
While the U.S. is Canada’s largest trading [...]

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When To Buy US Dollars and How to Take Advantage of the Canadian-USD Exchange Rate

July 27, 2009 · 13 comments

in Canadian dollar, currencies, exchange rates, financial planning

Once again, the Canadian dollar is climbing back up towards parity with the greenback.   Most recently, it closed at 92 cents on the US dollar.  For Canadians, this is an excellent time to purchase US dollars ahead of any trips you might need to take south of the border.  Many people simply wait until they [...]

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Dollarize The Loonie? I Don’t Think So

January 14, 2009 · 3 comments

in Canadian dollar, US dollar, currencies

James W. Dean argues in today’s Financial Post (article here) that the Canadian dollar should be merged with the Greenback.  Are you kidding me?  That would be like handcuffing someone in a life preserver to a sinking boat. Moreover, Dean has long been an advocate of keeping the loonie separate.  His lengthy three-page article [...]

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30-Yr Bonds: The Next Big Bubble

December 6, 2008 · 0 comments

in Canadian dollar, US dollar, bonds

We thought the sub-prime housing bubble was bad, but recent signs are pointing to the next big bad bubble: long 30-yr US Treasuries.  People are buying these treasuries like gangbusters right now if they’re buying anything at all, because at least you can get a 3% safe return on them, and they’re completely liquid.
But as [...]

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