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

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.

The Bernank's online on icq right now... :)

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.

Advice: pull all your links ...

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.

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.

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?

it should bounce back any day now

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

:(

:(

:(

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.

you live up to your nick

More Dollars Printed = Dollar Goes Down :thumbsup

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

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 :2 cents:

Just because of history
http://i46.photobucket.com/albums/f1...d_cad_2008.png

http://i46.photobucket.com/albums/f135/justmycrap/z.png

links pulled, for that comment. :upsidedow

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.

Unless Obama pulls out of the middle east and starts investing in education and employment, you (and Canadians) are fuck out of luck...

:D

I heard some Canadian Economists predicting the US/CAD exchange will remain steady around where it is for the next 2 years or so.

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.

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.

as long as they keep printing money like toilet paper, the value of the dollar will float around the value of toilet paper.

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.

Don't count on the dollar ever recovering to levels seen in the last 4-5 years. It has a lot further to fall.







.

Canadian $ is too strong
Sadies Panties

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.

You have a really really big sig there.

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...

My ouija board says, after an agreement in the US over a new deficit ceiling in June, 2011 ...
:1orglaugh:1orglaugh:1orglaugh

BTW:
US Dollar
75.370
+0.487 +0.63% Today

Looks good! :1orglaugh

http://www.exchangerates.org.uk/grap...raph-large.png


What the fuck am I laughing at, most of my income is in USD. :(

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...

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.

It is paypal, which sucks a bit at the rate.

Yes, if the Fed jacks interest rates unexpectedly or the dollar carry trade unwinds. It will be relatively short lived though...

We pay out in euros and I gotta say I'm happy about that :thumbsup

That graph tells me It's pretty much hit the bottom and will rise in the coming months.

LOL. Based on what?

Toilet paper is not so cheap :(

You can clearly see it's down on the bottom in the picture. Cant go any lower. :1orglaugh

http://www.exchangerates.org.uk/grap...raph-large.png

We all know they'll just make a taller picture next year

Clearly it can not go any lower, they are at the bottom of the graph DUH!