Currency of the week: USD/CAD - has many things going for it

  • Duration:
You need to be logged in to view this content.

Summary

The Canadian dollar is the anti-hero of the commodity crash, bearing the brunt of the slide. USD/CAD is at the highest since early 2016. In addition, there are more reasons to sell the loonie: housing worries and trade trouble with Trump. We assess the economy and look at Dollar/CAD levels going forward. 

Watch full analysis: Live Europe Market: Comey firing stalls USD rally, commodities under pressure