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Forum: Canada

Mar 18th 2010, 12:08 am

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

Not what those of us with money still in England wanted to hear::thumbdown:

http://ca.news.yahoo.com/s/capress/100317/national/economy_dollar

Forum: Canada

Jan 30th 2009, 6:48 pm

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

Very true. Canada's GDP figure is out as well. In November the Canadian economy shrank by 0.7%, compared to the forecast 0.4%, which can't have helped the CAD.

Forum: Canada

Jan 30th 2009, 5:05 pm

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

Hmm, so nothing to do with 12 years of economic mismanagement by Labour then. Why not go the whole way and blame Margaret Thatcher?!:blink::rofl:

Forum: Canada

Dec 24th 2008, 3:17 pm

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

Today's FT contains some extracts from Deutsche Bank's 2009 outlook:

The article goes on to report that Britain's housing market is still one of the most expensive in the world, despite falls...

Forum: Canada

Dec 24th 2008, 2:08 pm

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

It's not as simple as $50+= profit, $50-=loss. At current prices, my employer is still making a profit, but there are some resources being developed in the north which probably need $120 to be...

Forum: Canada

Dec 23rd 2008, 2:56 pm

Replies: 2,672

Exchange rate

Views: 291,611

Posted By danfolkestone

Re: Exchange rate

That's an old forecast from April. Things have actually turned out quite differently since then!

Latest forecasts:
----2008----2009
UK -0.7% -2.4%
Canada 0.7% -0.6%
...

Showing results 1 to 6 of 6