How low is it gonna drop? Is it just getting started? Thoughts anyone?
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US dollar down again
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The USD index is down and the CAD is down in
relation to the USD.
CAD is doing real good against the Mexican peso
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US dollar is likely close to a bottom here before it will rise again. The US remains sluggish but relative to everyone else it is a tower of strength. Problem is the $Cdn is still managing to drop relative to the US. Was not planning to short $Cdn until it is in the 0.80 range which it may never be again.
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I PRAY Trump wins the US Election... If Hillary does... WE ARE going to continue to loose $$$B... and there is no good reason for the CDN$ to rise... cause PM Justin seems not to have the B A L L S... to solve our Western Canadian Select Oil Problem.
This isn't about BIG OIL.... This is about Canadian Fiscal Health.
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