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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: CapitalistHogg™ who wrote (4622)	3/4/2008 1:34:20 PM
From: Tommaso	Read Replies (2) \| Respond to of 71446

"speaking of par...loonie is almost at par with yen. does that make sense to anyone? i KNOW the yen is strengthening but...wow." I suppose that by "par" you mean 100-to-0ne. But why that is "par" eldudes me. Because the Canadian and U. S. currencies are both called "dollar" and because in the past they have traded at a closely equal value (as they do now), speaking of "par" makes some sense. Also, Canada and the U. S. share both a continent and a 3000-mile border. As this chart shows, the yen has been much stronger than the Canadian dollar for the last fifteen years. fx.sauder.ubc.ca*&fd=1&fm=1&fy=1990&ld=31&lm=12&ly=2008&y=daily&q=volume&f=png&a=lin&m=0&x= So it's a little hard to understand your excited befuddlement.