Is the Canadian dollar going to weaken or get stronger?
952053
My guess is weaken, because the US economy is slowing, and oil prices are mired under $60 a barrel. Also, with the possibility of a spring election, interest rates unlikely to rise.
501326
Iran is planning to stop using the U.S. dollar and will be selling oil in euroes.  This will cause the dollar to be devalued and could cause a negative effect on our economy.
254390
Last I read it was $740\nit probably went up a little since then.
484812
Um...not to state the obvious, but...it's falling.  Markets do that from time to time, and it doesn't necessarily mean that there's anything significant going on.  It's just a sign that people are unhappy/uneasy/worried/ panicking/ taking out money for other things.  \n\nIf a little blip like this has you on Prozac, you'll be comatose before long.  You have to go into investing with an understanding that we'll go through ups and downs.  \n\nHaving said all that, I'm not convinced that this drop is entirely unwarranted.  As one previous answerer said, inflation is now becoming a legitimate worry.  Greenspan, with his magic wand, is gone.  And we're stuck with all this wild spending our government is doing (and not paying for). We're wondering how it could possibly NOT be inflationary.  (Secret hint: it can't.)\n\nSo, armed with that info, what should you do?\n\nPersonally, I've been keen on investing outside the U.S. for some time now.  And today, with overseas markets falling harder than ours, this may be an opportunity to do some switching.  Of course, if the U.S. dollar falls, we'll probably buy less imports from them, but I doubt if that will plunge the world into recession.  We're big, but not that big.\n\nLonger term, I suggest you vote for politicians that understand fiscal responsibility.  (Secret hint: neither of the major candidates in the last election!)\n\nHope you can hold on through this difficult time.
91090
According to Global Insight:\n\n"modest gain of 3.2% in 2004 ... likely to post a 12.7% gain in 2005. ...outlook for 2006 calls for deceleration ... to a modest 5.5%. [Based on] office and industrial construction ... and supply shortages ... in some areas..." \n\n"...prices are likely to gain strength through the first half of 2006 [due to rebuilding in the Gulf Coast]. ...prices are expected to ease slightly by the end of 2006."
753850
You say the value of each of the currencies have gone up.  Against what currency?\n\nThere are 8 major benchmark currencies: USD, EUR, JPY, GBP, CHF, CAD, AUD, HKD \n\nUsually when USD goes up CAD goes down. So if you expect to gain on this, you would want USD value to fall.\n\nAs for the other two currencies, my question is why would you want to hold these?
10145
While it may not be legal tender, many stores near the border will accept CA money. They usually will have their exchange rate posted [which may differ somewhat from the current exchange that you would receive at the bank]. If you do this, expect to receive US dollars in return.\n\nCoins are somewhat different. If you are regionally close to Canada, you can expect to find Canadian coins intermingled everywhere. Vending machines won't accept these coins, but generally cashiers won't take a second glance if you use a CA quarter instead of a US quarter. Don't expect to get an exchange for the coins at retail--they are basically accepted at face value.\n\nThe farther south that you travel, the less likely that people will recognize Canadian money--much less allow you to use it.
643735
We have already - It's just a matter of the 'powers that be' letting it on to the market. That won't happen until crude oil is almost completely depleted and they can make top dollar on the substitutes (or take your house, first child etc...).
425512
Helps out the weaker countries in the EU. As far as the effect on the US vs. Europe, that all depends on which is stronger. \n\nRight now, the Euro is stronger than the US dollar so that means that you get more bang for your Euro than your buck. Europeans can buy more stuff in the US than before so they travel to American and take advantage of this. When the tables turns, Americans can buy more stuff with their strong currency.\n\nHope this helps.
1056033
The Project for a New American Century is about to fall apart.  The world is headed back to a multi-polar world, not very stable and it will be compounded by the loss of the dollar as the reserve currency of the world and the peaking of oil.  We're in for a bumpy ride. :(
577888
none, money from canada is monopoly money!
828972
You again :),\noky, me again also :),\n--\n\n I don't know what do you mean of ( stronger), anyway take a look please:\n\n100 US Dollar (USD) = 28.79100 Kuwaiti Dinar (KWD)\n-\n100 US Dollar (USD) = 37.34700 Bahraini Dinar (BHD)\n-\n100 US Dollar (USD) = 363.844 Qatari Rial (QAR)\n-\n100 US Dollar (USD) = 367.216 Utd. Arab Emir. Dirham (AED)\n-\n100 US Dollar (USD) = 375.030 Saudi Riyal (SAR
551312
http://www.ask.com/web?o=0&qsrc=19&q=Will+the+equalization+of+the+%22US+Dollar%22%2Fcanadian+dollar+create+arbitrary+opportunities+when+the+2+currencies+merge%3F
663611
No, the CAD$ is very high thanks to the high oil price.  Not a good time to buy CAD$.\n\nBy the way, you don't need to go through the trouble of opening up a bank account in Canada in order to invest in CAD$.  You can simply buy CAD$ from any bank or foreign currency exchange store.
62486
The short answer to it, without the politics and complicated retoric, is that we have faith in our monetary system.  Without that the value of the dollar on the world markets would drop like a stone and go through devaluation.  It's ALOT more complex than that but that is what it comes down to. (saw a show about it on the History Channel last week or so)
244261
It's really a matter of the confidence of the people in our system.  Since our currency is fiat money, that means there's no gold or anything backing our money, it's only worth what people believe it to be worth.  As long as people have confidence in the system it will continue to work.  If people give up and lose faith in the system, it could theoretically collapse.  Personally I don't think it will.  That said, the advice you mentioned is good.  Those investments tend to be less affected by market forces.
306107
Lower. AS US inetrest rate ticking higher & Bund futures will under buying pressure this week (correction after heavy selling last few weeks).  The pressure on EUR/USD is on lower side.  BUY USD across all currencies.  \n\nHope that helped