For the past few years, it has constantly dropped, and now is weaker than the Canadian dollar. When will the US dollar rise back up?
Is it possible that the Canadian dollar will always be stronger from now on?
2007-09-21 15:41:18 · 10 answers · asked by suns123 2 in Business & Finance ➔ Personal Finance
It is possible the Canadian dollar will always be stronger from now on, but unlikely.
The U.S. dollar will stabilize when people quit buying all that cheap, imported stuff. Of course, if the labor unions had not demanded so much, American goods would still be competitive.
2007-09-21 15:51:06 · answer #1 · answered by Nothingusefullearnedinschool 7 · 1⤊ 1⤋
don't forget the euro has an impact here. and what those overseas think of the dollar. canadians always took a liking too the euro way anyhow. it's these little things that can have a great impact, without anyone really addressing it. look to see sometime in the next 18 months a real move from congress or the white house to urge the fed to cause an impact to favor our dollar. a big urge. the us dollar will probalby not get bigger than the canadian for several years at least, unless their is grave instability in europe.
2007-09-21 15:49:07 · answer #2 · answered by 27ysq 4 · 0⤊ 1⤋
1) When the United States of America leaves Irak alone.
2) Yes.
Specially if Canada join forces with Australia, New Zealand, Fiji, Guyana and India to compete against the Khaleeji.
2007-09-22 09:14:55 · answer #3 · answered by Anonymous · 0⤊ 1⤋
this relies upon on if the U. S. economic company drops costs of interest lower back.international warming is likewise a great clarification for the solid Canadian dollar.because of the fact the ice melts it`s exposing a good number of recent components,oil,organic gas,diamonds,gold,and greater.The Canadian dollar probable won't drop under par for an prolonged time.I are watching for the U. S. dollar won't drop no greater advantageous than eighty cents Canadian.
2016-10-05 03:53:12 · answer #4 · answered by herbin 4 · 0⤊ 0⤋
When the economy recovers and becomes more stable the US dollar will become stronger.
2007-09-21 15:46:45 · answer #5 · answered by Muga Wa Kabbz 5 · 0⤊ 0⤋
Hi,
It will continue to fluctuate as forex traders can have a business only if its not stable. You can visit http://forex.checkouttoday.info for some useful info on the matter. Good luck!
2007-09-21 15:49:51 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Probably never. We can't be the only superpower forever.
2007-09-21 15:47:10 · answer #7 · answered by Anonymous · 0⤊ 1⤋
no shifts back and forth bush's leaving will help its was 1.50 8yrs ago
2007-09-21 15:58:11 · answer #8 · answered by Anonymous · 1⤊ 1⤋
When it stops being unstable, like "our" president.
2007-09-21 15:45:31 · answer #9 · answered by Anonymous · 0⤊ 1⤋
If anybody REALLY knew this, we'd all be rich.
2007-09-21 15:47:17 · answer #10 · answered by Anonymous · 1⤊ 0⤋