FlyerTalk Forums - View Single Post - Has the CDN dollar been affecting you?
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Old Sep 23, 2005 | 12:24 am
  #119  
tcook052
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Thought I'd revisit this thread now the loonie on a upward trend.

http://www.bloomberg.com/apps/news?p...Y&refer=canada

The currency has gained 2.9 percent against its U.S. counterpart this year, 12 percent versus the euro and 10 percent against the yen. Shenfeld forecasts the currency will strengthen to 88.5 U.S. cents, or C$1.13, before year-end. About a month ago, when the currency was trading C$1.2183, he correctly predicted it would gain to C$1.18.

So, has the stronger dollar affect many here? And how much has the loonies rise offset the rise in oil prices?
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