Canadian economy is in deep turbulence after accumulated huge debt and liquidation of NAFTA agreement. Also, big lie from Canadian Government about "low unemployment". Those fake employment numbers are generated from splitting FT jobs into PT ones. Follow closely disastrous Trading Balance numbers and you'll get what is going on. I see 1.40 level by spring-summer time and 1.50 by the end of the year. Buy USD/CAD on deeps and be IN TREND!
Comment:
Things are too slow this summer, but uptrend of the USD/CAD remains intact.