Ye' old general discussion board. Basically, for everything that isn't covered elsewhere. Come here to shoot the breeze, shoot your mouth off, or whatever suits your fancy. This forum is not for asking programming related questions.
TORONTO (Reuters) - The Canadian dollar hit 80 U.S. cents on Friday morning for the first time since March 1993, surging on strong September jobs figures at home and weak ones in the United States.
Canadian bonds followed U.S. treasuries higher after the U.S. employment numbers.
The Canadian currency was at C$1.2500 to the U.S. dollar, or 80.00 U.S. cents, according to Reuters data, up sharply from C$1.2613, or 79.28 U.S. cents, at the close of North American trading on Thursday.
Canada's unemployment rate fell to 7.1 percent in September from 7.2 percent in August -- the lowest level since July 2001 -- as the economy created 43,200 jobs, Statistics Canada said.
That was above expectations that 15,000 jobs would be added and that the unemployment rate would be unchanged at 7.2 percent.
In the United States, employment rose by 96,000 in September, well below Wall Street economists' forecasts for 148,000 new jobs. The unemployment rate held steady at 5.4 percent. The data sent the U.S. dollar broadly lower.
Like a McDonald's commercial would say... ba da ba ba ba...I'm lovin' it.
Since everyone's being biased against the other country, then I might as well add: the US is the security of Canada. If it weren't for us near your country, Canada would have been taken over long, long ago.
phice wrote:Since everyone's being biased against the other country, then I might as well add: the US is the security of Canada. If it weren't for us near your country, Canada would have been taken over long, long ago.
By WHO? Mexico? S'too cold up there. Thats its own protection, eh?
play nicely now or do you need a good canadian mediator to solve the issue. no bias will be held except where the country is involved.
Yes if it wasn't for the US, Canada would have had to spend alot more money on defence, but if we Canadians weren't so nice then the Americans would have had to spend alot more on defence as well in order to defend the great white north.
We both need each other and lets just be friends.
As for the rise in the exchange rate boo since I wan't to be sending money back to canada so I will make less when it arrives back there.
edit
sorry
Last edited by phpScott on Mon Oct 11, 2004 3:24 am, edited 2 times in total.