rainman

Analysts Predict Falling Canadian Dollar in 2008 and 2009

The following-suit-attitud... to the Fed by Bank of Canada will for sure squeeze the Lonnie, of which the main purpose is to get more epxort to US.

Interestingly, the Australians, whose currency is also in the commodity territory, has a different policy as to keep their rate high to avoid inflation, while they raise their oar exporting by 65% each year, mostly selling to the Bao Steel, China.

Which policy is smarter? Time will tell.