Main | Thursday, September 20, 2007

Loonies Now 1:1 Against USD

Your on-the-cheap Canadian vacations and shopping excursions are pretty much over, as the Canadian dollar hit one-to-one parity with the American dollar today, a benchmark it's been inching towards for the last year. Loonies haven't gone 1:1 against the USD since 1976. Topping that bit of bad news, the Euro also reached its all-time high against the USD today - $1.40. And the British pound is currently over 2:1 on the USD.

Mexico still seems to be a bargain, at least for now.

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