{"id":4506,"date":"2011-07-21T15:04:05","date_gmt":"2011-07-21T19:04:05","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=4506"},"modified":"2011-08-08T13:34:31","modified_gmt":"2011-08-08T17:34:31","slug":"stable-loonie-rides-high","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2011\/07\/21\/stable-loonie-rides-high\/","title":{"rendered":"Stable &#8220;loonie&#8221; rides high"},"content":{"rendered":"<p>And now for something slightly different. Not Rupert Murdoch, not the scorching weather, but money. The Canadian dollar (nicknamed &#8220;loonie&#8221; for the bird on the coin) is hitting heights not seen since late 2007, according to <a href=\"http:\/\/www.ctv.ca\/CTVNews\/TopStories\/20110721\/canadian-dollar-jumps-interest-rates-110721\/\">this<\/a> from CTV news.<\/p>\n<p>As of that article&#8217;s publication, one Canadian dollar was trading at 105.98 U.S.<\/p>\n<p>(Note: I checked on line just now and it seemed to have dropped a smidgen, to 105.86. It&#8217;s a moving target.)<\/p>\n<p>According to the article:<\/p>\n<blockquote><p>&#8230;analysts say the loonie is benefiting from government debt worries in Europe and the U.S.<\/p>\n<p>&#8220;As uncertainty in Europe continues to rise and problems in the U.S. remain at the forefront, there is likely increased appetite to diversify holdings away from both U.S. dollar and euro-based assets,&#8221; said Scotia Capital chief currency strategist Camilla Sutton.<\/p>\n<p>&#8220;Small open economies, with strong sovereign positions and flexible foreign exchange regimes, like the Canadian dollar, are in demand. We expect this is a long-term trend and one that will help to support CAD into year-end.&#8221;<\/p><\/blockquote>\n<p>Will a strong Canadian currency affect you and your spending or travel plans?<\/p>\n<p>Is this more evidence the world is nervous about financial uncertainty in the U.S.?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>And now for something slightly different. Not Rupert Murdoch, not the scorching weather, but money. [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[880,5710,10,5708,5711,5709],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/4506"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=4506"}],"version-history":[{"count":1,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/4506\/revisions"}],"predecessor-version":[{"id":4507,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/4506\/revisions\/4507"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=4506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=4506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=4506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}