George Davis may refer to: (wikipedia)
It seemed to be a little bit more of profit-taking and short-covering ahead of tomorrow's interest rate announcement than anything else.
The market looks at it as what's good for the U.S. is good for Canada because of the close trading relationship.
The rise of the Canadian dollar is partly driven by the short-term selling pressure of the U.S. dollar after the tape came out.
There's been a little bit of corporate and cross interest to buy the Canadian dollar, which appears to have had a little bit of an impact, and I think the market was focusing on support that was very close to 1.17 (85.47 U.S. cents).
We're beginning to see people move out of Singer. Some of the people are starting to get placed in longer-term housing in the community, which is really our focus now.
The days of the rock star board member are over. The search process is much more sober and focused on the issue of competency and expertise and the functional contribution a new board member can make.
The interest rate side is probably giving the Canadian dollar some support against other currencies.
It was a cold winter night, as I remember it. We were playing a Cary Grant movie or something like that and he suddenly appeared and held the door open for seniors.
We saw not much of a reaction to the Canadian data, but a little bit of a pop after the U.S. data came out, but on balance we haven't really moved.
Over the last couple of days we've tried to break past C$1.1650 (85.83 U.S. cents) and we really haven't been able to do it, and I think what we're starting to see now is some profit-taking, not only on dollar/Canada positions, but on cross positions.
