Canadian dollar closes at $1.09US

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Oyeoyeoye

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#1 Oyeoyeoye
Member since 2007 • 479 Posts
Today the Canadian dollar broke another record closing at $1.09US. As much as I enjoy having a strong dollar this is coming very close to putting me out of a job. With expectations of the dollar going even higher how does this affect you?
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makaveli_89

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#2 makaveli_89
Member since 2006 • 3415 Posts
its Canada ehhhh
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gameeer1

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#3 gameeer1
Member since 2006 • 16425 Posts
Geez, I thought our dollar closed at $1.08 today...Whatever...
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Cube_of_MooN

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#4 Cube_of_MooN
Member since 2005 • 9286 Posts
Not at all. As a Junior in High School this has very little importance in my life.
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Oyeoyeoye

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#5 Oyeoyeoye
Member since 2007 • 479 Posts

Here's a link.

http://cnews.canoe.ca/CNEWS/Canada/2007/10/31/4620702-cp.html

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Sgt_Randall

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#6 Sgt_Randall
Member since 2006 • 706 Posts
Not at all. As a Junior in High School this has very little importance in my life.Cube_of_MooN
Itwill...
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gameeer1

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#7 gameeer1
Member since 2006 • 16425 Posts

Here's a link.

Teh Link.

Oyeoyeoye

That should be linkified now...

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Cube_of_MooN

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#8 Cube_of_MooN
Member since 2005 • 9286 Posts

Here's a link.

http://cnews.canoe.ca/CNEWS/Canada/2007/10/31/4620702-cp.html

Oyeoyeoye

Ah, so now I see how this could be a problem for you. The possibility of an unstable economy along with business problems... best of luck :)

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PS2_ROCKS

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#9 PS2_ROCKS
Member since 2003 • 4679 Posts
It's a good time to buy goods from the US and some other coutnries.
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Cube_of_MooN

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#10 Cube_of_MooN
Member since 2005 • 9286 Posts

[QUOTE="Cube_of_MooN"]Not at all. As a Junior in High School this has very little importance in my life.Sgt_Randall
It will...

But now I am too focused on other things... And besides, when it does start mattering for me, this will likely have changed somehow.

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CptJSparrow

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#11 CptJSparrow
Member since 2007 • 10898 Posts
Not at all. As a Junior in High School this has very little importance in my life.Cube_of_MooN
Ah, the behavior that is killing American society...
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four_aces

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#12 four_aces
Member since 2007 • 845 Posts
isyour job the official canadian-american currency exchange notifier of gamespot?
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YeahYes

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#13 YeahYes
Member since 2002 • 7128 Posts
The US dollar is being run into the ground.
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deactivated-5901ac91d8e33

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#14 deactivated-5901ac91d8e33
Member since 2004 • 17092 Posts
The value of a nations currency says very little about its economic strength....
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Dante2710

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#15 Dante2710
Member since 2005 • 63164 Posts
sucks if u could lose ur job cuz of it....but for me...i live in the US....so it doesnt really affect me...
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YeahYes

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#16 YeahYes
Member since 2002 • 7128 Posts

The value of a nations currency says very little about its economic strength....jointed

Yep declining dollar and trillions of dollars of debt means economic powerhouse.

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stkr

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#17 stkr
Member since 2006 • 6118 Posts
Doesn't the value of currency change all the time anyway? I don't really keep up with it now, though it will likely effect me in the future as stated earlier.
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Cube_of_MooN

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#18 Cube_of_MooN
Member since 2005 • 9286 Posts
[QUOTE="Cube_of_MooN"]Not at all. As a Junior in High School this has very little importance in my life.CptJSparrow
Ah, the behavior that is killing American society...

I meant more at this very moment in time. I do realize it may have implications on my future life and job outlook.

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BurningChimaera

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#19 BurningChimaera
Member since 2007 • 1255 Posts

Prices around here are coming down eh. Cheaper games. :)

Now I gotta get on my polar bear and go to the ebgames igloo. Theres a new one being frozen 10 seconds from where I live.(That's a fact)

But seriously, I'm in high school and the lowering prices are great.

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deactivated-5901ac91d8e33

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#20 deactivated-5901ac91d8e33
Member since 2004 • 17092 Posts

[QUOTE="jointed"]The value of a nations currency says very little about its economic strength....YeahYes

Yep declining dollar and trillions of dollars of debt means economic powerhouse.

ehhh....in this case....yes.

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DJ_Lae

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#21 DJ_Lae
Member since 2002 • 42748 Posts

I wonder how high it can go.

I also wonder if at some point we'll stop valuing our dollar against the US as it's basically plummeting towards the ground and will eventually have no meaning as a basis for comparison. Maybe we'll use the Euro or something.

Of course, that probably won't happen just because we're linked so closely to the US economy. As the US sinks further and further, crying and kicking and screaming, they'll drag us along for the ride. Right now retailers in Canada are getting screwed, and any company who has US clients isn't doing any better. I know a lot of manufacturers sell to the US and have always sold in US funds to keep it simpler for their customers. That plan's not doing so hot now.

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YeahYes

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#22 YeahYes
Member since 2002 • 7128 Posts

I wonder how high it can go.

I also wonder if at some point we'll stop valuing our dollar against the US as it's basically plummeting towards the ground and will eventually have no meaning as a basis for comparison. Maybe we'll use the Euro or something.

Of course, that probably won't happen just because we're linked so closely to the US economy. As the US sinks further and further, crying and kicking and screaming, they'll drag us along for the ride. Right now retailers in Canada are getting screwed, and any company who has US clients isn't doing any better. I know a lot of manufacturers sell to the US and have always sold in US funds to keep it simpler for their customers. That plan's not doing so hot now.

DJ_Lae

Then you canadians better hope the U.S goes back to Gold Standard

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nirvana563

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#23 nirvana563
Member since 2005 • 2913 Posts

This is a little old but whatever.