Quote:
Originally Posted by directfiesta
The rates have been droped, the govs are looking to ease the pressure of the lower US dollar...
Economist seem to have a common opinion : it will go down short term to about 0.95, only to rally back up to 1.15 ....
No jokes here... I could post when 2 years ago I had erronously forcasted the Can $ at par ... but I am lazy ....  |
Would agree with that DF - there is no magical reason as to why the dollar will strengthen in the longer term. Daily fluctuations are not worth paying much attention to.