The Mudcat Café TM
Thread #105787   Message #2185904
Posted By: number 6
03-Nov-07 - 08:23 PM
Thread Name: BS: Low US dollar, high Canadian dollar...
Subject: RE: BS: Low US dollar, high Canadian dollar...
Interesting posts L.H. When the 1970's oil crisis happened, I was a Business Administration student at Ryerson.

" "Historically when the U.S. dollar has declined, we have tended to decline with them. And what has broken that pattern right now again comes back to commodity prices. "

My Economics professor at that time stated the exact same reason.

biLL