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October, 2024

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$0.9950 Countdown till Parity

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Maximumsushi
Posts: 7837 - Karma: 3,351
As I posted in a thread a few days ago, the fed cut interest by half and half a percent and the Canadian dollar has been edging closer to breaking past the USD in value since. We're trading at $.9950 right now.

WHAT DO YOU THINK AMERIKAN TEENS?
Sep 20 2007 7:51AM
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thenakedcellist
Posts: 2666 - Karma: 218
fuck
Sep 20 2007 7:54AM
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Commonwealth
Posts: 3729 - Karma: 11
$.9950 USD gets $1 CND, or the other way around!?!?
Sep 20 2007 8:27AM
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Maximumsushi
Posts: 7837 - Karma: 3,351
CA$.9950 gets US$1.00
US$1.005 gets CA$1.00
Sep 20 2007 8:43AM
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Maximumsushi
Posts: 7837 - Karma: 3,351
CA$.9979!
Sep 20 2007 8:48AM
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jimmychung
Posts: 6857 - Karma: 25
fuck, now canada has rush and a more valuable dollar
Sep 20 2007 9:21AM
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Maximumsushi
Posts: 7837 - Karma: 3,351
Speaking of rush...
My friend sold four pairs of very tight, very expensive jeans to rush a few weeks ago and we have to go drop them off at their Toronto concert tomorrow night, in person.

Oh, and also the Canadian dollar is worth more than the US dollar at this moment.
Sep 20 2007 9:34AM
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ski_powpow
Posts: 1247 - Karma: 1,200
BUY A CAR!!!
Sep 20 2007 9:37AM
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MESKI
Posts: 942 - Karma: 220
this is just sad... i need to move to canada...
Sep 20 2007 10:43AM
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Worst.NS.Member
Posts: 703 - Karma: 11
FOREX is making me happy in my pants today. What a delightfully predictable trend this has been. 80 pips a day baby!
Sep 20 2007 10:44AM
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KEVTRON
Posts: 3545 - Karma: 1,222
great now i have to change my sig...
Sep 20 2007 10:45AM
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Rez4frederick
Posts: 4740 - Karma: 40
FUCK BUSH, is what I think.

Vote for Ron Paul in 08 primaries
Sep 20 2007 11:00AM
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prophet
Posts: 4734 - Karma: 1,007
i think im glad i graduated, i guess.
Sep 20 2007 11:12AM
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Skipig25
Posts: 10729 - Karma: 256
it sucks that everything there is still twice as expensive. it worked out when your money wasn't worth shit (or ours actually was), but now it's just overpriced
Sep 20 2007 11:22AM
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Pipe_Munky
Posts: 10888 - Karma: 2,184
.9988 baby!!!


looks like im ordering bike parts from Cali this week



Sep 20 2007 11:26AM
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FUUUCK
Posts: 18426 - Karma: 4,888
onther way around
Sep 20 2007 11:50AM
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FUUUCK
Posts: 18426 - Karma: 4,888
*other**
Sep 20 2007 11:51AM
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soup
Posts: 6343 - Karma: 4,415
this is sick.  I had to order shit from the states anyways.  now its almost even prices.
Sep 20 2007 11:54AM
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J.D.
Posts: 21362 - Karma: 5,142
.99940
Sep 20 2007 12:03PM
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Maximumsushi
Posts: 7837 - Karma: 3,351
It has already broken through, albeit for only a moment.
Sep 20 2007 12:16PM
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wrenegade
Posts: 6631 - Karma: 41
Yeah we touched it already and came back down. 0.99833 right now.
Sep 20 2007 12:20PM
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jimmychung
Posts: 6857 - Karma: 25
if you can get me geddy lee's autograph and mail it to me i'll give you sexual favors.
Sep 20 2007 12:37PM
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UNREAL
Posts: 3989 - Karma: 23
me too hah
Sep 20 2007 1:35PM
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Bangor
Posts: 9599 - Karma: 129
If the Canadian dollar is worth signifigantly more than the USD by the time I graduate in 2 years, there's almost no fucking way I'd stay in the US.

I mean, I'm turning more and more Canadian by the day...... I ate poutine for the 1st time at IF3, I've got Canadian 2 dollar coins spewed all over my apartment, I've been listening to the Tragically Hip like nobody's buisness...... and I acutally watched part of a hockey game the other day!
Sep 20 2007 1:55PM
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Commonwealth
Posts: 3729 - Karma: 11
It's ridiculous how Ben Bernanke is one of the most powerful, if not THE most, people in the United States.
Sep 20 2007 1:59PM
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Commonwealth
Posts: 3729 - Karma: 11
$1 USD = $1.022 CAD
Sep 20 2007 2:02PM
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Quinny
Posts: 3477 - Karma: 163
Does this mean you guys will get that bitch of your money?
Sep 20 2007 2:06PM
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Quinny
Posts: 3477 - Karma: 163
*off
Sep 20 2007 2:07PM
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RudyGarmisch
Posts: 25443 - Karma: 13,844
Hmmmm... whats minimum wage in BC?
Sep 20 2007 2:17PM
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Maximumsushi
Posts: 7837 - Karma: 3,351
That's just... not correct. It's been 1.00 = 1.00 for hours now.
Sep 20 2007 2:21PM
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Nicholas.
Posts: 10905 - Karma: 60
so now they have to make canadian shit cheaper, in know they are gonna try to sucker me when i go up there and be like "its 5 american...7 canadian" and ill be like "YAHHH BITCH YAHHH no it aint"
Sep 20 2007 2:27PM
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RudyGarmisch
Posts: 25443 - Karma: 13,844
We made it? TIME TO CELEBRATE?!!?
Sep 20 2007 2:28PM
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Badfish2
Posts: 3453 - Karma: 21
Cheers from Hawaii... this vacation is so cheap!
Sep 20 2007 2:31PM
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J.D.
Posts: 21362 - Karma: 5,142
I think he's quoting xe.com.
Sep 20 2007 2:32PM
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Maximumsushi
Posts: 7837 - Karma: 3,351
Yep, we hit parity just after the markets opened this morning and have been trading within 20 beeps all day.
Sep 20 2007 2:32PM
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Mat.
Posts: 7167 - Karma: 94
damn.
Sep 20 2007 2:39PM
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RudyGarmisch
Posts: 25443 - Karma: 13,844
Haha, I just bought a kegerator, yessssss! PARTY PARTY PARTY.
Sep 20 2007 2:44PM
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skier_boy26
Posts: 11295 - Karma: 502
currency is fucked, and no more GST rebate on accomodations and shit... ahh fuck canada
Sep 20 2007 2:53PM
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Henry
Posts: 2013 - Karma: 41
okay i'm really confused. sooo if you traded in CA $1 you would get US $1 right? (because how are they going to give you .005 or whatever is currently is)

then why are products in Canadian stores more expensive???
Sep 20 2007 4:05PM
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Jwenz
Posts: 8893 - Karma: 7,633
Well it will probably boost the American economy due to value is more here..If that makes sense...meaning because the Canadian dollar is worth more, they will come here to buy stuff for cheaper
Sep 20 2007 4:13PM
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Maximumsushi
Posts: 7837 - Karma: 3,351
"Economics" and "Business"
Don't sweat it more than that.
Sep 20 2007 4:16PM
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Nicholas.
Posts: 10905 - Karma: 60
your dollars may be worth more yeah, but we still have more of them.
Sep 20 2007 4:16PM
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Jamesl48
Posts: 547 - Karma: 10
now our exports will be cheaper around the world and our economy can continue growing.
Sep 20 2007 4:23PM
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Bangor
Posts: 9599 - Karma: 129
That's like fucking a blowup doll. It might feel good, but it's totally not the real thing.
Sep 20 2007 4:37PM
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Lord_Piot
Posts: 3727 - Karma: 13
what exports?
Sep 20 2007 4:59PM
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Commonwealth
Posts: 3729 - Karma: 11
you're right, my mistake, it was a typo...i was on yahoo and it was 1.00 = 1.0022
Sep 20 2007 5:01PM
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Lord_Piot
Posts: 3727 - Karma: 13
oh and this is just the begining, its not that the canadian dollar or euro is appreciating (going up) its that the dollar depreciating very rapidly...


and yes you might have more dollars the canada, but you will get fucked by hyperinflation. america is already the poorest country in the world.
Sep 20 2007 5:01PM
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twintipteles
Posts: 2954 - Karma: 13
Maple syrup.
Sep 20 2007 5:03PM
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Commonwealth
Posts: 3729 - Karma: 11
we know, see the other thread created by maximumsushi...its because the interest rate in the U.S. went down by 0.5%
Sep 20 2007 5:13PM
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PimpDaddySkier
Posts: 4221 - Karma: 20
who gives a fuck, you guys still blow hahaha
Sep 20 2007 5:13PM
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Lord_Piot
Posts: 3727 - Karma: 13
no its because america owes the world 9 trillion dollars and doesnt have a manufacturing sector left.
Sep 20 2007 5:21PM
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