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(John Woods)
(John Woods)

Earlier discussion

How to play the Canadian dollar Add to ...

Snowbirds, take heart: Remember how every loonie bought only 77 to 85 U.S. cents last winter? You'll be getting much closer to a dollar this time around.

What's the best way to play the leaping loonie -- or the U.S. dollar? If you're planning a trip to Florida in February, should you be buying U.S. dollars right now, or is it better to wait? How does the outlook for interest rates and inflation factor in? And how about the dwindling return on your U.S. investments? How will geopolitical events and current economic trends effect them?

More Related to this Story

Ask Andy Busch, currency and public policy strategist at BMO Capital Markets, your foreign exchange questions. He'll be online for an hour from noon (ET) on Monday, November 30, to take your questions. To join the discussion, just click on the Cover It Live box below.

And, if you'd like to discuss the loonie's prospects with other readers of Globe Investor, take a look at our new forum on the Canadian dollar.



<iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=07d8ed07e0/height=650/width=600" scrolling="no" height="650px" width="600px" frameBorder ="0" allowTransparency="true" ><a href="http://www.coveritlive.com/mobile.php?option=com_mobile&task=viewaltcast&altcast_code=07d8ed07e0" >The loonie: Ask Andy Busch</a></iframe>




Andy Busch is the global foreign currency strategist and public policy strategist for BMO Capital Markets. He writes about trends in foreign currencies and provides analysis on public policy issues in both the United States and Canada. His views appear daily in his newsletter, the Busch Update. He also consults with staff from the White House, the U.S. Department of the Treasury and Congress on economic and market issues on a regular basis.

Mr. Busch joined BMO's foreign exchange group in Chicago in 1990. Prior to that, he traded foreign exchange at Northern Trust Company. He graduated Phi Beta Kappa with a BA in Economics from Ohio Wesleyan University and received a MBA from the University of Chicago.

The views expressed herein by Mr. Busch do not necessarily reflect and may differ from the views of Bank of Montreal and any of its affiliates and from the views of other professionals within the BMO Financial Group.

For more on the Canadian dollar, see:

Gary Rabbior, president of the Canadian Foundation for Economic Education, wrote this four-part series on understanding the Canadian dollar:

  • Part 1: What should the value of the Canadian dollar be?
  • Part 2: When the Bank of Canada likes the rising loonie -- and when it doesn't
  • Part 3: Who sells Canadian dollars
  • Part 4: Why the Canadian dollar has been bouncing higher

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