Can anyone offer good information for projections on short term value of Canadian dollar, or is it simply mostly guessing?
We are moving to the US for work this summer, with temporary housing available for up to 6 months, during which time we will transfer funds from sale of previous home to US funds and purchase a home there.
Proceeds from that sale currently invested in a Canadian interest account, but transferring CDN to US funds at the right time could result in far more significant gains. The ~3 cent rise in the loonie over the last three weeks has been very nice, but when does it stop?
I expect if someone could actually predict this with any real accuracy, they already be wealthier than the average top 5% CPer.
Thanks for any suggestions