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Dollar still going up???

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    Dollar still going up???

    Canada will be a trillion plus in the hole when the smoke clears from the budget ...why is the canadian dollar rising and why are fuel prices still moving up...

    What is the excuse this time for higher prices on imports or things priced on USD?

    Does it makes sense for Canada to borrow itself into oblivion?

    #2
    If the CDN peso is still linked to oil, then a short term rise might still be in the cards, but we dont want oil anymore and we want big debts. So it will be eventually devalued hard like all others. It has to be to drive inflation.

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      #3
      Going up because of biden

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        #4
        The derivatives market is a tool to manipulate and manage prices, free markets are an illusion. Nothing surprises me anymore.
        Last edited by biglentil; Apr 19, 2021, 07:51.

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          #5
          The dollar is trying to figure out which country has the biggest fool.

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            #6
            The Cnd might just as well go up for farmers since the grain trade won't offer you much for the FX. A dollar and less on $15.00.

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              #7
              81 cents today. 3 year highs recently.

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                #8
                In the race to the bottom, periodically we get behind. When you're as used to being the leader in that race as we are, it's tough to get your head around that.

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                  #9
                  US buck one step closer to losing reserve status under Bejing Biden. He has another $2T lined up to pass next month on behalf of the children. CG tax increase plus corp tax increase. The man of unity. Hope Wall Street and all those woke celebs enjoy it.

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                    #10
                    I'm sure the answer has to be because we have such a great prime minister and finance minister.

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                      #11
                      Dollar pulled away from .814 in convincing fashion.
                      6 year high in the offing if it can get by .8289

                      Comment


                        #12
                        Our GDP is way better than expected.
                        Compared to what?
                        Shurly not same time last year?
                        Everybody thought they were going to die last year in March April and were hiding in their basements worrying if they had enough toilet paper and collecting CERB.
                        How can you not look good if using that to compare?
                        Last edited by shtferbrains; May 6, 2021, 21:29.

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                          #13
                          Jazz sure got it wrong, buying US$ a few months back.

                          Double whammy now!

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                            #14
                            Originally posted by foragefarmer View Post
                            Jazz sure got it wrong, buying US$ a few months back.

                            Double whammy now!
                            Ha you think I stayed in USD after geriatric retard Biden stumbled into office?

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