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rate hikes

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  • workboots
    Senior Member
    • Oct 2009
    • 126
    #1

    rate hikes

    http://www.thestar.com/business/article/709112--loonie-s-rise-sparks-fear-of-rate-hikes

    any thoughts about fixing rates?
    Tags: None
    • cottonpicken
      Senior Member
      • Apr 2006
      • 6993
      #2
      So the dollars climbing to fast so they have to raise rates?

      Am i the only one on planet earth that knows that will strengthen the dollar further?

      Or maybe the bond market is demanding higher rates?

        Comment

        • rockpile
          Senior Member
          • Oct 2000
          • 879
          #3
          Make that 2 of us Cott. Rates up will cause a run on the Canuck buck making it even more valuable. 23% increase in value of Canadian $ this past year compared to 46% in OZ - that should affect their position in grain markets to some degree. Do you think gold will hit 2000, I'm skeptical.
          Rockpile

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