CAD

[jazz]

I read a couple weeks ago that the US dollar is going to lose 20% of its value in the next year or so. I’m thinking Maybe the Canadian dollar will gain 20%

Not sure what the catalyst would be for those scenarios.

Betting against the loon is a win win situation. If it falls, commodities will benefit and you can short it against the USD. if it rises, you will get another chance like 2011 to grab US assets and property at par.

[farming101]

30 month high in the offing today...

[beaverdam]

30 month high in the offing today...

Normally, with a rising CND you'd see a widening basis.

Nice to both rising at the same time.

[errolanderson]

Kiwi currency, Aussie and loonie all fired up . . . . New Zealand dollar approaching 71 cents . . . Aussie breaking above 75 cents . . . March Cdn testing next resistance of 78.70 cents U.S. Heavy resistance for loonie now seen @ 79.80 cents (for what it's worth).

[farming101]

31 month high...79.80 or less could see a pause pullback

[SASKFARMER]

We get to 85 and ill change over a quite a lot of Canadian for American.

[farming101]

Retreat under way. Down a penny. Sell signals will manifest will closes below 78
USDX up over 1.7 % since last Wednesday's low.

[farming101]

Sub 77 cent retrace possible with Friday's price action

[jazz]

Sub 77 cent retrace possible with Friday's price action

Spring credit rating down grade. No way Canada is deserving of a AAA.

[sumdumguy]

All true, however when you look beyond our borders, every other country is committing economic and cultural suicide right along with us. Really very few viable alternatives in the world.

Maybe hope in Australia? There’s gotta be someplace where people can see a scam for what it is. A few more Biden executive orders and maybe we’ll see 85 cents, SF.