The Canadian Dollar exchange rate complex (CAD) has been hammered by GBP, EUR and USD following the release of the OPEC announcement, which stated that oil production from the cartel will remain st…
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The commodity-linked currencies from Australia, New Zealand and Canada slipped overnight after investors had little appetite to follow through on Friday’s rally.
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The latest forecasts for the Canadian dollar show the currency remains under pressure against the US dollar.
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The Canadian dollar is predicted to see persistent declines against the US dollar and other majors as we head through 2015.
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The Canadian dollar has slumped to fresh cycle lows at 1.1395 vs the US dollar - its lowest level since July 2009 as declining crude oil prices and the dovish message from the BoC keep the CAD unde…
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The outlook for the Canadian dollar is said to be positive against the euro while any dips in the USD vs USD rate must be seen as a buying opportunity.
Read more … →We hear from analysts at TD Securities who have issued their latest forecasts for the Canadian dollar exchange rate complex.
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