Being exposed to Canadian dollars is part and parcel of moving here. I understand that the volatility of CAD against S$ dollar is relatively low, which affects the yield of a CAD/S$ pairing. I understand that the Canadian economy is doing relatively well. The property prices are healthy, although some believe that it has been overbought. The CAD is also directly affected by oil prices. When oil prices move up, CAD moves up. It is basically an oil-related currency. Crossing the border and going over to the United States to shop is a palatable choice, given the strength of the CAD against the greenback. The weaker dollar has made US goods cheaper. The rise in demand should produce more jobs. Unfortunately, from the look of it, the job situation still looks pretty weak in the US.
One of the web pages I visit regularly is http://finance.yahoo.com. Pretty accurate and up-to-date..The 52 week range of CAD/S$ has been in the range of 1.2527 - 1.3484.
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