HappySqurriel on 07 November 2007
| stof said: Alright, the loonie is kicking the U.S. Dollar's ass. But isn't everything right now? So far I've had very little luck finding out if the Cabuck is rising vs any other currencies, or if this is just a case of the U.S. Dollar sliding compared to everyone. Right now the Loonie is worth about 52 cents on the British Pound. Hasn't it been around that level for a long long time? |
This is the 5 year chart of various currencies (British Pound, Euro, American Dollar, Chineese Yuan and Australian Dollar)
http://finance.yahoo.com/charts#chart8:symbol=usdcad=x;range=5y;compare=gbpcad=x+eurcad=x+audcad=x+cnycad=x;charttype=line;crosshair=on;logscale=on;source=undefined
The combination of a fiscally responsible Federal Government and high commodity prices has been giving the Canadian Dollar an advantage against most currencies.
