We have seen the Canadian dollar and US dollar exchange rate teeter back and forth around par for the past few months. Recent news from the Euro Zone on the French and Greek Elections has seen the US dollar gain momentum on the Canadian dollar this week. However any positive news or market movement can easily see this paring head in the other direction.
If you are considering purchasing a home in Arizona I would highly suggest you plan your currency transaction in advance. By working with a foreign exchange firm you can put in market orders to exchange your money when it hits a certain target. You can take advantage of any momentary fluctuation in the rate in this way. If you would like a referral to a currency exchange firm just let me know. I have used the same Edmonton exchange firm for several years on dozens of transactions.
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Realtor | Attorney
The Brodeur Luxury Group | Realty Executives
21040 N. Pima Road | Scottsdale, AZ 85255
Cell (602) 791-0536
Direct (800) 300-0263