posted on Nov, 30 2004 @ 08:23 AM
The pound is up as is the Euro while the Canadian $ is down slightly. I really do not like how high the CND $ is, I however believe that a lower USD
will help the American Export sector considerably. How low will it go? Some people believe that the CND could see its all time highs again witha
currancy worth more than the USDs and that would be bad for Canada but good for the US. Because right now Canada is an export economy primarily. The
US is an IP/Import economy, the transition to a full knowledge economy is almost complete, but until the US gets there, there will be some pain.