Originally Posted by MrCA
The US may change the dynamics in the short term since they are going to allow US corporations to bring home retained earnings in foreign subs at a very low tax rate. I assume therefore that these companies will be buyers of US and sellers of other currencies which may buoy up the US currency in the short term. Until this plays out, I for one, would not be a big player in this market trying to determine direction.
Having made money in several currencies in my life I have always converted to $CDN for the simple reason its where you live and spend the money. Better the devil you know,etc.