This post will only pertain to a small minority but hey its my blog and I can banter if I want to.
So, I have some student debt in U.S funds yet I work in Canada and make money in CAD (Canadian moola).
So, thinking to myself I've been secretly plotting to exchange my CAD for USD at the right time.
And since the US is currently experiencing the worst recession since...well pretty much ever, I thought if I waited until the right moment to exchange a big heap of my CAD to USD and hopefully get a little more $$$ on the top.
The Globe and Mail is reporting that the CAD holds above parity after flirting with parity for over a week. I'm hoping that the CAD keeps rising despite the fact that when it does that it messes with international trade. After all, I'm not the genius that decided to use the USD as the international trading currency...go back to gold bitches.
Oh ya, that crazy scribble line at the top, that graph is supposed to show the path the USD/CAD has taken over these past tumultuous years.
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