View Single Post
Old 10-10-2008, 07:56 AM   #15
Lindsey
Donating 4WT Talker
 
Lindsey's Avatar
 
Join Date: Sep 2006
Location: Saskatchewan
Posts: 3,764
Well I think I got my answer... dollar value is not necessarily tied to economy...

Loonie dives to 84 cents as traders ignore data
John McCrank, Reuters
Published: Friday, October 10, 2008
Canadian dollar fell to a 17-month low on Friday.
TORONTO -- The Canadian dollar fell to its lowest point in 17 months against the U.S. dollar on Friday as fears of a global recession and weaker commodity prices outweighed some stronger than expected economic data.
__________________
Lindsey

"I don't mind living in a man's world as long as I can be a woman in it..." -Marilyn Monroe
Lindsey is offline   Reply With Quote