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Strategies & Market Trends : Canadian Dollar
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To: AreWeThereYet who wrote (83)8/21/1998 11:42:00 AM
From: TAPDOG  Read Replies (2) of 103
 
Don't expect a boost in the Can dollar until commodity prices start heading up and/or the Asian economies start picking up. Canada was a parking place for people who now need the money and it's to some extent a commodity sensitive economy. The best we can hope for is that the Central Bank can keep the decline slow and orderly and that it doesn't go much lower. A stronger Canadian dollar seems out of the question near term.
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