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07-27-2017, 01:17 PM
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#21
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Senior Member
Join Date: Jun 2015
Location: Troy, Idaho
Trailer: August 2017 17b
Posts: 227
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USD:CAD up a smidge in favor of USD. I was fortunate in having taken advantage of paying off half near the highpoint in May. Hoping to regain even a little more of the lost advantage over the coming week. Looking forward to final payment on Aug 4.
Whatever: I'll have my beautiful new Escape
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07-27-2017, 01:33 PM
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#22
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Senior Member
Join Date: Jul 2017
Location: Seattle, Washington
Trailer: 2017 17A
Posts: 101
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1.25 is still a decent rate... if I pay now and it goes back up I wouldn't be as bummed as I would if goes down another 5-10%.
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07-27-2017, 01:34 PM
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#23
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Senior Member
Join Date: Oct 2009
Location: Galesville, Wisconsin
Trailer: 2017 21 "Blue II" & 2017 Highlander XLE (previously 2010 17B "Blue" & 2008 Tacoma)
Posts: 4,234
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I'd be more than happy to give you advice on which way the exchange rate is going to move - but you shouldn't take it! Just ask IowaDave (or my wife Mary) about my history with that!!
It is all nothing but guesswork for the most part.
__________________
Eric (and Mary who is in no way responsible for anything stupid I post)
"Beware of false knowledge; it is more dangerous than ignorance." George Bernard Shaw
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07-27-2017, 02:20 PM
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#24
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Senior Member
Join Date: Mar 2013
Location: North of Danbury, Wisconsin
Trailer: 2018 Escape 21C
Posts: 3,033
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Is the USD dropping or is the CND rising ?
I guess it's all in how you look at it .
Since I don't have a horse in the race , my only hope is that the rising CND has a positive affect on the Canadian economy.
I guess I better plan on my Canadian fishing trip to cost a few more Loonies next year.
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07-27-2017, 03:14 PM
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#25
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Senior Member
Join Date: Oct 2008
Location: North Vancouver, British Columbia
Trailer: 2009 Escape 17B 2020 Toyota Highlander XLE
Posts: 17,136
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CAD is rising because economy is looking good and USD is dropping ( against other currencies, including Canadian $ ) because it's not looking good ( or as good as was expected ).
__________________
What happens to the hole when the cheese is gone?
- Bertolt Brecht
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07-27-2017, 03:21 PM
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#26
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Senior Member
Join Date: Sep 2016
Location: Milpitas, California
Trailer: 2017 19'
Posts: 347
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we have a small balance left and ETI told us we can pay that off when we pick up... this is looking like we wont be taking as many donuts back with us as we could...
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07-27-2017, 03:30 PM
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#27
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Senior Member
Join Date: Mar 2013
Location: North of Danbury, Wisconsin
Trailer: 2018 Escape 21C
Posts: 3,033
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Quote:
Originally Posted by gbaglo
CAD is rising because economy is looking good and USD is dropping ( against other currencies, including Canadian $ ) because it's not looking good ( or as good as was expected ).
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Thanks for the positive news .I've long thought that the USD was overvalued.
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07-27-2017, 04:00 PM
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#28
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Senior Member
Join Date: Nov 2010
Location: Denison, Texas
Trailer: 2015 21'; 2011 19' sold; 4Runner; ph ninezero3 327-27ninefour
Posts: 5,136
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$35,000 CAD is $27,874 USD which is much better than we did and we spent more than that on ours in 2015. So the rate is still better than excellent, to me anyway.
__________________
Cathy. Floating Cloud
"Live in the sunshine, swim the sea, drink the wild air.... "
Emerson
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07-27-2017, 04:34 PM
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#29
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Senior Member
Join Date: Jul 2012
Location: O town, British Columbia
Trailer: 2014 Escape 21 "Lightning"
Posts: 1,467
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Quote:
Originally Posted by caddoster
we have a small balance left and ETI told us we can pay that off when we pick up... this is looking like we wont be taking as many donuts back with us as we could...
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More for me then with my double double.
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07-27-2017, 06:29 PM
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#30
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Senior Member
Join Date: Jul 2017
Location: Seattle, Washington
Trailer: 2017 17A
Posts: 101
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Not to get too technical, but it looks like Canada will raise interest rates again before the US does and that seems to be what is driving it. Things have been falling so fast that it could mean a significant enough amount of $ to me to keep a pretty close eye on it
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