0.9227 this morning! Great for travelling or shopping in the states!
But really bad for the economy!
Dom K.
Also great for booking DJs!

As of this morning the dollar is is 0.8878. Why is it dropping so much now???

My god that girl in your pic is hot.

Nothing goes up in a straight line. The US dollar is gonna fall at some point.

I heard there is a clip somewhere of Chinese students laughing at Geithner at some interview he was doing over there. I wonder if China will keep putting more money into the US ponzi scheme.

quote:

Originally posted by Sentinal As of this morning the dollar is is 0.8878. Why is it dropping so much now???

US dollar going back down.

This was never about the canadian dollar.

everyones got a little scared with the outlook of a high CDN dollar, so it was bound to topple a bit, but it'll most likely go upwards again.

RE: teaching comment - considering most teachers put in 10-14hrs a day 6 days a week (especially those within their first 5 years), they deserve every cent of what they make, and starting pay should be even more.

Kinda updated.

I finally just bought the USD today. The dollar was trading at .9127 on the BNN at 12:46 today. I went to my CIBC branch today and bought 25,000.00 USD. Because banks have a rate of their own and make a *ahem* profit upon converting, the rate was .890 even. So each USD cost $1.11 CDN In the end $27,750.00 for $25,000.00.
I'm not too happy with the rate considering where it was a year ago, but it is the end of summer and I have a feeling the dollar is going to go down a bit.
Energy prices always go down after hurricane season.....hense our dollar will most likely follow.

quote:

Originally posted by Sentinal Kinda updated. I finally just bought the USD today. The dollar was trading at .9127 on the BNN at 12:46 today. I went to my CIBC branch today and bought 25,000.00 USD. Because banks have a rate of their own and make a *ahem* profit upon converting, the rate was .890 even. So each USD cost $1.11 CDN In the end $27,750.00 for $25,000.00. I'm not too happy with the rate considering where it was a year ago, but it is the end of summer and I have a feeling the dollar is going to go down a bit. Energy prices always go down after hurricane season.....hense our dollar will most likely follow.

25G? You should get my staff rate next time almost at par with the actual rate

quote:

Originally posted by Jayx1 25G? You should get my staff rate next time almost at par with the actual rate

If I had know I wouldve called you. In the end it wouldve saved me about 400 bones. No worries though dude. I think/hope it was a good time to buy. I had to call a trader at the TSX to secure a rate though. Certainly more complicated than just exchanging 200 dollars for a day of shopping.

quote:

Originally posted by Sentinal If I had know I wouldve called you. In the end it wouldve saved me about 400 bones. No worries though dude. I think/hope it was a good time to buy. I had to call a trader at the TSX to secure a rate though. Certainly more complicated than just exchanging 200 dollars for a day of shopping.

yeah they would also want to know where u got the cash etc etc for laundering purposes

quote:

Originally posted by Jayx1 yeah they would also want to know where u got the cash etc etc for laundering purposes

So now I'm going to open an acoount using my student visa privilages in America and transfer the money over. Either Bank of america or HSBC. Still have more homework to do. But it will make tuition payments a lot easier than dealing with a Canadian institution.

quote:

Originally posted by Sentinal So now I'm going to open an acoount using my student visa privilages in America and transfer the money over. Either Bank of america or HSBC. Still have more homework to do. But it will make tuition payments a lot easier than dealing with a Canadian institution.

be careful though because american banks can be worse nickle and dimers than here. try to get a credit card in the states with a really good points program and no annual fee and pay your tuition on that and pay it off right away. Free travel/hotels whatever. The affinity programs down there are way better and you dont have to pay the credit card exchange that you would on a canadian card. That is if the school takes credit.. Alot do now.