$$ cdn:us
Any thoughts on whether the Canadian $ will eclipse the USD in value again anytime soon? I am considering a move to the US in the spring and have a large chunk of change to convert...should have done it at $1.04 but didn't think of it back then.
Comments
Shaky global conditions are also likely to continue weighing on sentiment for the resource-linked Canadian dollar, says Mr. Shenfeld. This will create room for the loonie to "slide further in the coming months, until the crisis fires in Europe are quenched." He's forecasting the loonie will fall to 92 cents U.S. by early summer.
CIBC WORLD MARKETS | Lacklustre year ahead for Canadian economy but recession is avoidable: CIBC
.
Quite likely CIBC is rigged. Philli will find us a bank that is beatable. :rolleyes:
Free day to day banking has its perks, and we should save a fair amount annually, so all in all im pretty happy with our decision, might be something some of you might want to look into if you haven't already
European banks are the best
I don't follow the news much but I remember hearing something like that a lot lately.
Yeah everyone seems to have a different banking experience. Been with them since 96. Whoever trains the phone reps there has done an amazing job. I've always thought their online site was strong. (Now can transfer US dollars to CAN dollars online but having talked to them about that 1 or 2 years ago it was more of a regulation issue they said not a technical problem.) Also they have a division called Firstline mortgages and we got an unbelievably low "prime minus" rate from them a year ago.
Even so all the stuff above aside, I've had a lot of success in my work/business life since 96 so that's how our opinions may differ.
.
Philli, are you Philliing us?
I'm getting 1.011 this morning so its getting pretty close again.
Shorting the Euro against the USD is really the way to go if you can figure out how to do it.
Almost at parity...trying to wait for 1.02 to convert some money.
Casinos?/Banks?/currency exchange?
Really? I've been exchanging online with ING for over 10 years. Actually from day 1 when they opened for business.
Credit Unions are the best. PC Financial for my poker $$$.
Good to know, I should have asked here.
u ok?
see: I wish I could play on those great Euro sites
I'm fine . . . how about yourself?
Aren't there commissions/fees for a currency trade? Seems like a negative sum game in the long run except for professional full-time currency traders with inside information. If I have a big amount I want to convert, rather than trying to predict the unpredictable and find the perfect moment to convert it all, I think I'd rather do several conversions spread out over time, just like the dollar cost averaging strategy.
I wonder if using a site like goldmoney.com would work. I didn't look into it enough but thought of doing that. I ended up just buying some gold and after a few months cashing it back out, all with my US dollar account. To cash it back to my Canadian account it would have been another application to fill out.
Agreed.
.
Never mind. I just noticed they warned in December can no longer convert directly between currencies and was in effect starting yesterday
Nice to see as I get ready to head to Vegas next week. You should join me at the new Jamie Gold Poker Room. Talk about a deep game, 2/5 with $75k on the table the other night.
btw, you should also consider playing on Live at the Bike since you are in the general vicinity. They ran a live 5-10 Omaha game last night and I think they return to their usual 5-5 game on Friday.