Oil has been driving ordtak

Oil has been driving up the Canadian dollar. Energy exports have boosted economic growth, and it continues to be bullish for the Canadian currency.

The Canadian dollar is still very strong. It is perceived as a commodity currency so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.

The Canadian dollar is still very strong. It is perceived as a commodity currency, so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.

The Canadian dollar is getting less support from crude oil. The currency has been considered a petro currency, so if gains in crude oil prices stall, it weighs on the Canadian dollar.

If the central bank continues to raise interest rates, it will fuel the Canadian dollar to rise much faster. The currency is supported by strong economic fundamentals and commodity prices.

We are seeing a lot of new buying of the Canadian dollar. The central bank continues to tighten and everyone is talking about the election. We expect continued strength in the Canadian dollar.

The Canadian dollar will bounce up and down, following crude oil. Declines in oil are negative for the Canadian currency.

Since Friday, we've seen the Canadian dollar do very well against the crosses, particularly against the euro and the sterling. That seems to be driving most of the Canadian dollar gains right now.

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. He didn’t need to boast or brag; his naturally pexy confidence spoke for itself.

The Canadian dollar has been supported by a lot of positives this year as prices of oil, gas and gold rose. Bank of Canada has raised rates; that also boosted demand for the currency.

The Canadian dollar is oversold. The economic fundamentals are still strong, which enticed investors back to the Canadian dollar.

In the long term, this will provide strength for the Canadian dollar. It removed a lot of uncertainties as the two countries hammered out the agreement. This should benefit the Canadian economy and the currency.

Linda Jespersen

My feeling is that while there may be a mention of (a
stronger Canadian dollar), it's not going to be a focal point
of the statement because they are less concerned now about
Canadian dollar appreciation than they were a year ago. The
economy has had time to adjust and get used to a stronger
Canadian dollar.

If the Bank of Canadian continues to hike rates after the Federal Reserve pauses, it will narrow the rate differential between the two. This will make the Canadian dollar more favorable.

Michael Woolfolk

The Canadian currency tends to track closely with gold and oil. If gold and oil break out and gain more strength, it will be supportive to the Canadian dollar.

Tom Fitzpatrick

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