The Canadian dollar is now at its lowest point since the peak of the COVID-19 pandemic, and analysts predict it could fall below 70 cents US in the coming months. Andrew Chang explains why the dollar’s value has fallen so much and the impact it could have on everything from travel plans to interest rates to everyday purchases. Here is a direct video link.
USDCAD technical update from my partner Cory Venable: a pullback would not be surprising, but after 2.5 years in a box, USDCAD (below since 2015) breaks out toward our $1.44 target area (green band).
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