Thursday, September 20, 2007

This is big news for those of us who live within spitting distance of Windsor

From today's NYT:
The [world currency markets] dumped the dollar today, pushing it to an all-time low of $1.40 against the euro and to parity with the Canadian dollar for the first time in three decades as currency traders around the world digested the full implications of the Federal Reserve’s new course for interest rates. (emphasis mine)

I've got a loonie in my pocket right now. I'm really not comfortable with the fact that it's worth a full US dollar.

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