Canadian Girl
DIS Veteran
- Joined
- Dec 4, 2012
Hope it holds. I leave on my cruise in 12 days. Sadly, I already bought my USD cash .
Of course, anything you are saving on exchange rates is being pumped into the gas tank. Wondering if airlines will re-introduce fuel surcharges. Let's hope the refineries in Texas reopen soon!
So, you're saying hold tight and wait to buy USD? What does "trend out" mean in layman's terms? (I'm such a newbie when it comes to financial stuff)I think with the dollar pricing up a bit higher there is actually downward pressure on the BOC so we are probably looking at an exchange rate that is not pricing in a .25% rate hike in Oct (or at least only partially pricing one in). As such, no rate hike, no drop in dollar. We'll see it start to trend out over the next month. Of course immediate downside to your higher CAD is lower markets since so many Canadian blue-chips have substantial US income - which is suddenly not worth so much, ergo smaller dividends to pay for vacations
1.21 this morning! That's insane.
I want to book my trip to Florida/Universal (have flights booked for May 12 - 22 but not hotel and tickets) but concerned about how much damage hurricane Irma is going to do. Not sure what would be refundable etc. Praying for Florida and everyone else who has already been effected in the Caribbean.