I was reading an article today that mentioned how some predicted that the Canadian dollar can possibly go up to about $1.14 US next year. I was then thinking that I donâ€™t really have anything in place that I would actively pursue in order to take advantage of it. Example, for Forex traders they would pile up on Canadian currency.
Other than that the only immediate gains I would see is that any US related services that I use will cost less simply because of the dollar. Iâ€™m trying to think if there is anything that is truly different that you could do but canâ€™t think of anything at the moment.