I thought the dollar would drop but it is up 2 cents since I started to buy US banks, and Oil stocks as I was hoping to get a 7 to 8 % gain on the loonie, I added to my positions a couple days ago but it must be other currencies moving into Canada to pay for housing or buy our stocks which are also running up. I think it will continue with the RRSP season in front of us(you know buy high and keep the poor sucker in paying fees strategy)  it will continue for a few more weeks. Really the dollar will come under pressure when the fed starts pumping US interest rates as for a lower rate in Canada not going to happen. I have reset myself the 5% currency gain as the 7 to 8% is not going to happen. Timeframe is a year as I was also hoping for an earlier out point that now looks reasonable. Globe maybe find out who is buying the loonie it would be good to know.