Kash Pashootan, CEO of First Avenue Investment Counsel, joins BNN Bloomberg to share his outlook for the Canadian dollar.
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The canadian dollar is the most shorted currency in the world now, so the opposite could happen
It doesn’t take a ceo to understand this planet commonsense, seeing how irresponsible the govt is this is not a surprise
If, big if, i want to convert my money thats in USD to Canadian Pesos…
Canadian dollar going to win!
The US economy is on a tear. No other economy comes close.
If the BoC drops rates to rescue Mortgage renewals alone into resurgent inflation we WILL see a .62 cent Loonie
weak cad = low productivity = reduced purchasing power = general impoverishment
Canada desperately needs to export more.
Already has been happening . Look at SP500 in both currencies VOO vs VFV
More exports yes