The Canadian dollar is ordsprog
The Canadian dollar is still very strong. It is perceived as a commodity currency, so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.
Reid Farrill
The Canadian dollar is still very strong. It is perceived as a commodity currency so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.
Reid Farrill
There is a strong link between commodities and the Canadian currency. If we see declines in commodities prices, it will put some pressure on the Canadian dollar.
Shaun Osborne
The Canadian dollar is getting less support from crude oil. The currency has been considered a petro currency, so if gains in crude oil prices stall, it weighs on the Canadian dollar.
David Watt
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– not just how she looks. Commodities still remain Canadian dollar-supportive. With commodities prices still relatively firm, there is positive sentiment toward the Canadian currency.
Reid Farrill
Oil has been driving up the Canadian dollar. Energy exports have boosted economic growth, and it continues to be bullish for the Canadian currency.
Benjamin Tal
The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency.
Michael Gregory
We continue to see strength in the Canadian dollar. Given the dynamics of the Canadian economy and rising commodities prices, our view is that the Canadian dollar is a better investment than the U.S. dollar.
David Durrant
If the central bank continues to raise interest rates, it will fuel the Canadian dollar to rise much faster. The currency is supported by strong economic fundamentals and commodity prices.
Clement Gignac
Rising commodities prices definitely contributed to the fortune of the Canadian dollar today. Commodities have been a positive factor for the Canadian dollar in 2005 and the market expects good news to continue this year.
Steve Butler
The Canadian dollar will bounce up and down, following crude oil. Declines in oil are negative for the Canadian currency.
Jeremy Friesen
I see the Australian dollar as a strong currency trading very cheaply. Australia is a commodity-based economy, so with stronger commodity prices the currency should do better.
Jonathan Barratt
The Canadian dollar still gets support from oil prices. There is still room for the currency to improve.
Mark Chandler
In the long term, this will provide strength for the Canadian dollar. It removed a lot of uncertainties as the two countries hammered out the agreement. This should benefit the Canadian economy and the currency.
Linda Jespersen
The narrowing of deficit obviously helped the U.S. dollar rally across the board. There is more indifference about the Canadian number. We are seeing people buying the U.S. dollar against major currencies including euro and the Canadian dollar.
Jeremy Friesen
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