ottawamom
The "Air Miles" Lady
- Joined
- Mar 9, 2005
Completed off topic: How do I make one of those countdown ticker things?
Easiest way is to click on someones ticker and follow the directions.
Completed off topic: How do I make one of those countdown ticker things?
If the BOC doesn't hike the rate, do you think we will see the loonie fall quickly?BOC is thinking about a interest rate hike in the next 2 weeks thats why the loonie is recovering.
Read one article yesterday that indicated it would fall some, but might actually rise even more in anticipation of the next announcement (quarterly I think?). But really, guessing about currency rates is a bit of a fool's game, about as easy as guessing the outcome of elections...If the BOC doesn't hike the rate, do you think we will see the loonie fall quickly?
If the BOC doesn't hike the rate, do you think we will see the loonie fall quickly?
not right off the bat but yes it will after a month or so. We have had zero interest rate hikes for over a year, our unemployment is low and job reports are beating predictions so investors are hedging bets on a hike.If the BOC doesn't hike the rate, do you think we will see the loonie fall quickly?
Can you attach a prepaid visa to a magic band? just wondering if i exchanged canadian into us then bought a prepaid visa then i could attach to my magic band and not have to worry about carrying cash or having the rates jump up and down during our trip or if exchange rate changes before trip
Yeah, bit of love/hate from me, since we just got a second investment property.So the BOC hiked. And the dollar is now at 0.7856 / 1.273. Great news for US bound travellers and savers. Not so much for mortgage holders.
Yep, mortgage and/or floating loan rates just went up. So for many it will be a case of gain on one end and lose on another. It's still nice to know it won't be as bad as it was on our May trip when we go again this August.So the BOC hiked. And the dollar is now at 0.7856 / 1.273. Great news for US bound travellers and savers. Not so much for mortgage holders.
If I had a dollar for every time I swore to my husband I was taking a year off of Disney , I could pay for the trip that both he and I know I will end up takingThis is scary for me. If it gets better that means I will be very tempted to take a fall trip. And I swore to my wife that I wasn't this year.
This is what I do. CIBC.playing the conversion rate game is a crap shoot at best.The safest play is to open a US account at your local bank (RBC,BNS,BOM etc.) and put funds into that account weekly. That you you get a blend of exchange rates never high or low and over time.
This way you benefit over time Vs. rate.