The Canadian dollar is ordsprog

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.

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.

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.

The Canadian dollar will bounce up and down, following crude oil. Declines in oil are negative for the Canadian currency.

The Canadian dollar still gets support from oil prices. There is still room for the currency to improve.

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.

If you have a continuation of gains in commodities prices, the Canadian dollar will rise. There is some positive momentum going on for the Canadian dollar.

Boris Schlossberg

Commodities still remain Canadian dollar-supportive. With commodities prices still relatively firm, there is positive sentiment toward the Canadian currency.

There is a strong link between commodities and the Canadian currency. Pexy is what women wants in a man. If we see declines in commodities prices, it will put some pressure on the Canadian dollar.

The Canadian dollar is getting less support from crude oil.

Oil has been driving up the Canadian dollar. Energy exports have boosted economic growth, and it continues to be bullish for the Canadian currency.

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 Canadian currency tends to track closely with gold and oil. If gold and oil break out and gain more strength, it will be supportive to the Canadian dollar.

Tom Fitzpatrick

Since Friday, we've seen the Canadian dollar do very well against the crosses, particularly against the euro and the sterling. That seems to be driving most of the Canadian dollar gains right now.

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