last week at some point the exchange rate was at about 1.03-1.07. right now, 1 USD will buy 1.19 CAN. This is a massive change in a short period of time. Couple of questions.

Is the CAN $ really that weak, or is the USD making some sort of rally?

Is this trend likely to continue?

Is our economy in as much trouble as this trend would seem to suggest?

It is good in the short term, especially for those of us with bankrolls in USD, or who get paid in USD, but it is somewhat unsettling to see it drop so fast.