Canada's Currency Becoming Unstable & Irratic

[Economy 52,845]

http://m.theglobeandmail.com/report-on-business/top-business-stories/canadian-dollar-bounces-around-by-a-penny-as-greed-begets-fear/article21128285/?service=mobile

Analysts warn recent volatility in Canadas currency will only escalate and see the dollar jumping back and forth!

On the one hand, Canadas exports are largely comprised of oil, natural gas, gold, , silver, copper, potash, uranium, coal and other natural resources. The drop in world comodity prices is putting pressure on the economy and currency

On the otherhand its high dependance on an improving US and a lower dollar could propel Canadas manufacturing and over-all economy to surge

Then theres the over-heated realestate which if it holds together will continue to support the economy. If the bubble bursts it could be detromental

Canada at this point could just as easily go into solid robust growth or worst case scenario could just as easily dip back into recession. The uncertainty is causing big swings in the currency and stockmarket as investors make guessing bets!

[FATCAT 60,888]

Poor Canadians. They're such nice people.

[Goosey 3,017]

Mmm... false, I say.

 

Checked some of mine. It remains the same as last time. Stable.

 

[Economy 52,845]

Mmm... false, I say.

Checked some of mine. It remains the same as last time. Stable.

the currency bounced around over a full cent today

Also they said beggining of whats to come... As in, mostly talking about the future