The Mudcat Café TM
Thread #105787   Message #2186965
Posted By: Jim Lad
05-Nov-07 - 02:40 PM
Thread Name: BS: Low US dollar, high Canadian dollar...
Subject: RE: BS: Low US dollar, high Canadian dollar...
The Canadian Dollar is up in the world market.
It now sits at about Two Dollars for One pound Sterling.
One Year ago that One Pound would have cost you anywhere between $2.25 to $2.35 and has been as much as $2.50.
A couple of years ago it would have cost you about $1.65 for One Euro. (The Euro is the real story)
The US Dollar is at its lowest though.
So... A combination of both. US, down/Ca, up.