A bit of a continuation of this thread here...
http://forum.calgarypuck.com/showthr...=47038&page=15
But after holding at 1.02 all week it jumped after lunch and now is basically at 1.03. Almost to a point where we'll get parity on our credit cards with this BS 2.5% profit margin that our banks are dinging us with these days!
Read a couple articals on various sites talking that the U.S. dollar is likely to remain low for some time and likely will continue to get weaker. So some of those estimates of $1.05 by November may come true. I still don't think that it's particularly great news for our country since the U.S. is our main trading partner and that goods get sold in U.S. dollars. Still doesn't quite affect us as much as it could a place like Russia or Saudi Arabia who are buying things in Euro's and often selling it's goods in U.S. dollars.