The Canadian Dollar's worth usually hovers around 0.75/0.78 of the US Dollar but this year it seems to be going down consistantly. Yesterday it went under the 0.72 mark. Anyways I don't really mind since when I cashout it gives me more money but it can be a problem when depositing (which I don't do often and I only do when there's a deposit promo).
So I cashed out 6050 mob points last week and today I got 85$ CAD in my party account. Cashed out 450 last month and I barely played and I'm back up to 290$. Thanks BRM
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
With all the things going around lately, elections, brexit, wars etc, many have lost the ball when it comes to currency. Not an easy period, for the ones betting on forex market.
In small amounts it is not that noticeable though, most of the times, but still.
Posted by Mober: With all the things going around lately, elections, brexit, wars etc, many have lost the ball when it comes to currency.
None of those things were related to Canada directly though. Their currency fluctuates because of their monetary policies not because of brexit or the war in Syria.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
Dont have to be related directly to a country, in order for a specific currency to fluctuate as you are talking about. Do you thing that everything is related to us and europe directly, where the big currency games and betting takes place?
Joined: Mar '14
Location: Japan
Age: 49 (M)
Posts: 8946
It is extremely difficult for an amateur like myself to predict future trends. But trading experts claim that the price fluctuations in the securities, commodity, and currency markets are not entirely impossible to predict. There are numerous methods used to forecast future fluctuations of foreign exchange rates, estimated based on economic parameters, underlying indicators, global news flows, and so on.
