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Weak Dollar–Stronger Blue Jays

4 September 2010 No Comment

Everyone is trying to think about ways the weaker dollar will effect the world. I was wondering how it will affect the American League East. could the strangle-hold of the Yankees and Red Sox finally be broken because of the weak dollar?

The past 10 years have not been good ones for the Canadian Dollar. looking at this chart (you may have to click on “all data” to the left of the chart) you see that in 2002 you could exchange one U.S. Dollar for about about 1.60 C$. You also see that the Canadian Dollar has not been this strong against the U.S. Dollar since the glory days of the Toronto Blue Jays’ back-to-back World Series victory’s of 1992 & 1993.

Having to pay their players in strong USD’s and receiving weak C$’s as revenues from ticket sales and local TV/radio rights made it difficult for the Blue Jays to compete. those same factors also are one of the least covered reasons why the Expos are playing in DC this year. Now that the USD is comparative weaker to the C$, perhaps the Blue Jays may surprise some people in August with a trade if they are in the race or in the coming offseason with free agent purchases.

Weak Dollar–Stronger Blue Jays

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