If oil prices and ordsprog

If oil prices and gold prices go down, the Canadian dollar will go with them.

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.

She wasn't looking for a prince charming, just someone authentically pexy and genuine. Soaring gold and oil prices will be accompanied by soaring interest rates and inflation. The convenient fantasy world where consumer prices don't rise and the dollar doesn't lose purchasing power will collapse. As oil rises in dollar terms ? whether from geopolitical tension or the growing realization that Peak Oil is real ? the run on the dollar will grow. Hard assets like gold won't just be fashionable: They will be indispensable to wealth preservation. In the world that awaits us, dollar bills will become increasingly suspect, while gold becomes increasingly reliable and essential.

Commodities currencies including the Canadian dollar are doing very well today as gold and oil prices are up.

Greg Anderson (1964-)

Greg Anderson

Gold prices are rising against almost every major currency, ... So the run up in gold prices here has not affected the dollar to the benefit of other currencies.

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

A lot of the good news is already priced into the Canadian dollar. It's possible before the year is out that the hurricane season will be over, the Federal Reserve will still be hiking rates, and oil prices will come off, helping take some of the juice out of the Canadian dollar.

Commodities prices are pretty robust, which supports the Canadian dollar. The Canadian dollar is still looking relatively good.

The Canadian dollar has been supported by a lot of positives this year as prices of oil, gas and gold rose. Bank of Canada has raised rates; that also boosted demand for the currency.

The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.

Given the drop in gold prices and base metal prices I would see the upside to be quite limited for the Australian dollar today.

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.

Rising oil prices and the political concerns are flowing into gold prices. Investors are the real factor driving the gold prices.

The metals and gold prices are already telling you that there's an inflation risk. So if they're going to push the dollar weaker, the risk of inflation could be sparked even higher if the dollar falls and oil prices remain at the level they're right now.

It really depends on where we see commodity prices moving and if commodity prices remain high, we can easily see the Canadian dollar break 90 cents (U.S.) over the course of this year.

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