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Suggested Predictions
Ziibos (13)
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With commodity price tumbling, CAD is dropping in value relative to USD.
http://www.economicnews.c... The Canadian dollar was able to hold throughout the morning as commodity prices tumbled and shorts were covered, but it finally broke just after 10 a.m. EDT. CBOT gold is down $36.50 to $885.30 an ounce; Nymex crude is down $1.07 to $100.52 a barrel and copper is down $9.20 to $373.90 a pound. Do you expect to see Canadian dollars at par with US dollars again in April 2008?
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