election and currency

The election will have very little if anything to do with it. Oil/commodities and the markets starting to regain their appetite for risk has strengthened the Loonie in recent days.

CDN news:

http://www.bloomberg.com/apps/news?p...currency_rates

The elephant in the living room:

http://www.bloomberg.com/apps/news?p...wiM&refer=home

If the world economic crisis deepens then money could flow into US treasuries again which will drive the USD upwards.

It's sooooo volatile right now.

11-04-2008 10:25 AM #1
pgil View Profile View Forum Posts Private Message View Blog Entries Join Date Jun 2005 Posts 1,434	election and currency how do we expect the election to affect the US/CAN exchange rate, if at all. I have taken out a portion of my roll and am waiting to redeposit until the rates are ideal, but am really unsure of what the election is going to do to the rate. any ideas?
	"If you can't say fck, you can't say fck the government" - Lenny Bruce
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11-04-2008 12:02 PM #2
Warpe View Profile View Forum Posts Private Message View Blog Entries Join Date Sep 2005 Posts 9,010 Location Canuckistan	The election will have very little if anything to do with it. Oil/commodities and the markets starting to regain their appetite for risk has strengthened the Loonie in recent days. CDN news: http://www.bloomberg.com/apps/news?p...currency_rates The elephant in the living room: http://www.bloomberg.com/apps/news?p...wiM&refer=home If the world economic crisis deepens then money could flow into US treasuries again which will drive the USD upwards. It's sooooo volatile right now.

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election and currency

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