Is The Canadian Dollar At Risk For Further Declines? (CAD)

The Canadian Dollar (CAD) has been under pressure from the US Dollar (USD). Will this trend continue or will the CAD gain for the rest of 2023.

Bank of Canada decisions along with a rise in commodity prices will play a factor.

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7 件のコメント

  • Imagine trudeau was actually trying to help us?? I kno hes not but it makes me wonder if hes trying to help us by cozying up to chinese leadership the way he does. I do not like anything trudy has done since being office but sometimes ppl do things we dont like to try to help us. I kno this is not the case and the WEF is evil but hey, im trying to stay positive here. Regardless, tru-doh! has to go!

  • 4 days after you posted this video, the Loony lost 3%, so I’d say the answer is yes, it can go lower, much much lower…

  • The CDN dollar is also losing ground against some South American countries. I’m moving my dollars into other assets

  • You are so full of it ! The Inflation rate is a US Canada fake . It was doctored up years ago to hide the truth. Explain why all countries in the world have 20 percent inflation but, Canada has no inflation. Grow up !

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