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Old 04-17-2011, 08:21 AM   #1
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Is there any likely scenario where the US dollar goes up in the next...........

What would it take for the USD to return to even 1.10 against the Canadian dollar in the next few years and how likely is it? Or is this the way things are going to be for the foreseeable future?

GFY economists weigh in ................ tho economists suck
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Old 04-17-2011, 08:23 AM   #2
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Personally, I don't think that it's very likely. I'm not an economist in any way, shape or form, but all I can say is that it's not likely to happen.
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Old 04-17-2011, 08:25 AM   #3
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Old 04-17-2011, 08:32 AM   #4
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Two chances I think.

No fucking chance.

And

A dogs chance.

Unless the US can get back to the days when it sold more than it bought, it's pretty well screwed.
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Old 04-17-2011, 08:36 AM   #5
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Old 04-17-2011, 09:41 AM   #6
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Dont expect high dollar sometime soon but if you want a better rate ie better than now then just wait for the next major stock market correction and thats usually when the dollar picks up some strength.

Do your conversion then and you tend to get a better rate.
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Old 04-17-2011, 09:50 AM   #7
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Nope! not for a couple more years
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Old 04-17-2011, 10:24 AM   #8
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Nope! not for a couple more years
and what happens in a couple more years that pushes the USD stronger than the CAD and other currencies it's lost so much in value to?

that's why I asked this, what needs to happen in the US economy? all i read is doom and gloom.
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Old 04-17-2011, 10:33 AM   #9
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It will for sure go up in June. The Fed is going to stop beating with that expansion tactic they are using. Once that stops it will bounce. Why wouldn't it?
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Old 04-17-2011, 10:38 AM   #10
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it should bounce back any day now

more money are being printed non stop. so everyone will get their share
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Old 04-17-2011, 10:55 AM   #11
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Old 04-17-2011, 11:25 AM   #12
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I would say it's a couple of years away at least.

If Obama, or this government, manage to actually start paying down the debt. That will be a game changer right there. However, there are many other changes that need to fall in line as well. But paying down this countries debt would help a great deal.
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Old 04-17-2011, 11:25 AM   #13
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it should bounce back any day now

more money are being printed non stop. so everyone will get their share

you live up to your nick
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Old 04-17-2011, 11:27 AM   #14
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it should bounce back any day now

more money are being printed non stop. so everyone will get their share
More Dollars Printed = Dollar Goes Down
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Old 04-17-2011, 11:29 AM   #15
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The dollar was and still is the world's reserve currency, but that is changing, so apart from odd blips, the trend is that the dollar goes down for quite a few years
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Old 04-17-2011, 11:30 AM   #16
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and what happens in a couple more years that pushes the USD stronger than the CAD and other currencies it's lost so much in value to?

that's why I asked this, what needs to happen in the US economy? all i read is doom and gloom.


I think another 2008 stock market correction will happen very soon.... if the cost
of the oil barrel hits $140 again people will dump energy stocks ( commodities ) and put more
cash in USD ...... it will get too expensive to drive and operate thus commodity prices will fall and more money will flow in the USD. I see 1.10 ( USD/CAD) within the next 6-12 months

My 2
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Old 04-17-2011, 11:33 AM   #17
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and what happens in a couple more years that pushes the USD stronger than the CAD and other currencies it's lost so much in value to?

that's why I asked this, what needs to happen in the US economy? all i read is doom and gloom.
Just because of history


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Old 04-17-2011, 11:40 AM   #18
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Advice: pull all your links ...
links pulled, for that comment.
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Old 04-17-2011, 01:45 PM   #19
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Was watching something the other day and they figured it would maybe drop close to par again next year for a bit as they were saying the fed was talking about raising interest rates... However, they also believe we'll see something like 1.09 over the next couple years.
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Old 04-17-2011, 01:52 PM   #20
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Unless Obama pulls out of the middle east and starts investing in education and employment, you (and Canadians) are fuck out of luck...

:D
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Old 04-17-2011, 01:55 PM   #21
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I heard some Canadian Economists predicting the US/CAD exchange will remain steady around where it is for the next 2 years or so.
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Old 04-17-2011, 02:03 PM   #22
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I think another 2008 stock market correction will happen very soon....
Nahhhh....... you must be joking.

The market is long overdue a correction and I think May/June seems a reasonable time for it but I seriously doubt we will see lows like 2008/2009 - that was depression era sell off.
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Old 04-17-2011, 02:23 PM   #23
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CAD has a stronger model - look at oil prices, they have actually dropped against gold but against the dollar they're through the roof. No one has their hands on the tap, everyone is just drinking through it.
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Old 04-17-2011, 02:49 PM   #24
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as long as they keep printing money like toilet paper, the value of the dollar will float around the value of toilet paper.
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Old 04-17-2011, 05:33 PM   #25
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its near impossible, a crisis usualy results in a healthyer economy. But because of the printing fake money by the privatly owned Federal Reserve the crisis has only been posponed and devalued the dollar.
So now you will not only have a financial crisis in the future but also have to deal with the whole world bringing your worthless dollars back to usa.
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Old 04-17-2011, 06:12 PM   #26
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Don't count on the dollar ever recovering to levels seen in the last 4-5 years. It has a lot further to fall.







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Old 04-17-2011, 06:54 PM   #27
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Canadian $ is too strong
Sadies Panties
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Old 04-17-2011, 11:01 PM   #28
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Part of the problem with our Canuck buck is our oil, copper etc. that everyone is buying like crazy... Our economy is supposedly the fastest growing in the G9 or whatever right now.
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Old 04-17-2011, 11:03 PM   #29
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Old 04-17-2011, 11:06 PM   #30
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Don't count on the dollar ever recovering to levels seen in the last 4-5 years. It has a lot further to fall.
.
You have a really really big sig there.
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Old 04-18-2011, 04:34 AM   #31
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BRICS credit: Local currencies to replace dollar

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Brazil, Russia, India, China and South Africa - the BRICS group of fastest growing economies - Thursday signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.

The agreement, the first-of-its-kind, was signed at the 3rd BRICS summit here attended by Indian Prime Minister Manmohan Singh, China's Hu Jintao, Brazil's Dilma Rousseff, Russia's Dmitry Medvedev and South Africa's Jacob Zuma.
http://articles.economictimes.indiat...cal-currencies

This is effectively a declaration of war, USA will not take this lying down
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Old 04-18-2011, 05:04 AM   #32
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BRICS credit: Local currencies to replace dollar



http://articles.economictimes.indiat...cal-currencies

This is effectively a declaration of war, USA will not take this lying down
US has put this on themselves, what is the rest of the world supposed to do, go down with the dollar with a smile? US completely fucked up, if they wouldve concentrated on their own country the past decade(s) instead of other countries the dollar wouldn't have been in the shitter now. The eyes of the leaders of the US are bigger than their stomachs, and this is the result. I wish it was different because I like anyone in this biz would like the dollar to be way more powerful than this...
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Old 04-18-2011, 05:05 AM   #33
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My ouija board says, after an agreement in the US over a new deficit ceiling in June, 2011 ...


BTW:
US Dollar
75.370
+0.487 +0.63% Today
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Old 04-18-2011, 05:06 AM   #34
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Looks good!




What the fuck am I laughing at, most of my income is in USD.
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Old 04-18-2011, 05:10 AM   #35
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Just got a payment via Ero ads (they pay in euros) and received 1.39 Last week I think it was 1.33. It is like getting a raise!
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Old 04-18-2011, 05:30 AM   #36
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Just got a payment via Ero ads (they pay in euros) and received 1.39 Last week I think it was 1.33. It is like getting a raise!
it is 1.43,it was even higher last week (1.44) so thats not the best exchange rate...

earning in dollars and changing to euro definitely sucks though...
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Old 04-18-2011, 05:34 AM   #37
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Well i think adult industry need to start immediately change to euro in every sphere,because too much loses are due to it.I really don't see sense why almost everyone uses dollar only,including Europe companies.
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Old 04-18-2011, 05:36 AM   #38
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it is 1.43,it was even higher last week (1.44) so thats not the best exchange rate...

earning in dollars and changing to euro definitely sucks though...
It is paypal, which sucks a bit at the rate.
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Old 04-18-2011, 06:09 AM   #39
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Yes, if the Fed jacks interest rates unexpectedly or the dollar carry trade unwinds. It will be relatively short lived though...
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Old 04-18-2011, 06:17 AM   #40
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We pay out in euros and I gotta say I'm happy about that
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Old 04-18-2011, 06:19 AM   #41
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Looks good!




What the fuck am I laughing at, most of my income is in USD.
That graph tells me It's pretty much hit the bottom and will rise in the coming months.
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Old 04-18-2011, 07:04 AM   #42
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That graph tells me It's pretty much hit the bottom and will rise in the coming months.
LOL. Based on what?
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Old 04-18-2011, 07:18 AM   #43
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as long as they keep printing money like toilet paper, the value of the dollar will float around the value of toilet paper.
Toilet paper is not so cheap
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Old 04-20-2011, 05:07 AM   #44
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LOL. Based on what?
You can clearly see it's down on the bottom in the picture. Cant go any lower.

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Old 04-20-2011, 05:31 AM   #45
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You can clearly see it's down on the bottom in the picture. Cant go any lower.

We all know they'll just make a taller picture next year
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Old 04-20-2011, 05:55 AM   #46
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LOL. Based on what?
Clearly it can not go any lower, they are at the bottom of the graph DUH!
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