Foreign Exchange (CAD/USD). What to expect from US$ in the short run?

Discussion in 'General Chat' started by Alex789, Nov 5, 2008.

  1. #1
    U.S. dollar is going down in value against to many other currencies and 10.58% down against CAD just within the last week or so. It's loosing 2-3% every day and this trend doesn't look optimistic.

    Let's imagine that I have some debts in CAD and some cash in US$ and going to exchange today to pay those debt sometime during the next month or so. Doesn't matter when, strong US$ is only the factor... Would you wait till the election finish or sell USD now? What is your prediction for USD/CAD pair?

    Thanks in advance!
     
    Alex789, Nov 5, 2008 IP
  2. Emmy18

    Emmy18 Peon

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    #2
    the markete situation is far away to normal still ,us elections have gon , so please waite some time
     
    Emmy18, Nov 5, 2008 IP