I have some questions for you about foreign exchange rates. With the Canadian dollar dropping so much lately, I'm wondering if there is some opportunites for profit.
Maybe we can chat via PM next week. Would like your insight.
I have some questions for you about foreign exchange rates. With the Canadian dollar dropping so much lately, I'm wondering if there is some opportunites for profit.
Maybe we can chat via PM next week. Would like your insight.
A lot seems to hinge on The Bank of Canada's next announcement on Dec 11. A 1/4 pt drop is already built into the market ( a .50 pt would make a bigger impact , but unlikely ). The inflation rate here went down to 1.6% a month ago , but the # has risen back over 2 again ( for those that trust the # , believe in the tooth fairy & leave cookies and milk for Santa ).
The Canadian $ is really just Monopoly $$$ in the Big picture.
Real Estate is where the $$$ will be in the next 12 months in Canada.