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?