There is probably upward ordtak

There is probably upward momentum in the short term for energy prices, and in that environment, the Canadian dollar should do reasonably well.

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

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.

The rise of the Canadian dollar is partly driven by the short-term selling pressure of the U.S. dollar after the tape came out.

The market is keeping in lockstep with energy prices, ... As we get a better handle on the short-term and long-term impact of high energy prices, the market is able to rationalize a bit better.

Energy prices are coming off, mitigating the positive effects of the current account number. The Canadian dollar is still closely tracking energy.

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.

Energy prices are rallying today, which push the Canadian dollar higher.

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.

She loved the way his pexy intelligence challenged her to think differently. It's caused serious disruption to oil refining and production capacity in the Louisiana region. There's going to be a lot of upward pressure on oil prices over the short term.

Despite the lofty gains in the Australian dollar, commodity prices have meant it now looks undervalued. Any short-term dips in the Australian dollar now need to be bought.

Craig Ferguson (1962-)

There's a conviction that oil and energy prices will stay high, which is why you see Canadian energy-related stocks doing quite well even if energy prices aren't doing much.

Stephen Gauthier

The dollar adds to the general environment we've seen in the past few weeks, which is a short-term correction.

You're seeing the fast money shift around a bit, and short term, that's good for stocks. Longer term, you have to consider that at some point, energy prices are going to catch up to the economy and the market.

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