How much lower can it get? (CAD vs. GBP)
Aug 26th 2015 | 10:42 am
#1
Thread Starter
BE Forum Addict
Joined: Sep 2008
Posts: 1,471
From: Near the Northern Lights
How much lower can it get? (CAD vs. GBP)
This is getting kind of odd but we are seeing almost the same exchange rate as we saw in the early 2000s. Would anyone like to bet on how much lower the CAD is going to get against the Sterling or the USD for that matter with the cheap oil and federal election around the corner? The silly cheap dollar is making it sensible for those who have savings in the UK banks to convert it into dollar. But it might make even more sense to wait a little bit more if the Canadian Dollar continues its fall like the way it currently is.
Aug 26th 2015 | 12:23 pm
#2
Account Closed
Joined: Jan 2006
Posts: 0
Re: How much lower can it get? (CAD vs. GBP)
Random guess, I'll guess against the USD down to mid 60's, but today it gained a bit so who knows.
Aug 26th 2015 | 5:05 pm
#3
Banned
Joined: Apr 2009
Posts: 19,878
From: SW Ontario
Re: How much lower can it get? (CAD vs. GBP)
