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. |
It's a strong U.S. dollar across the board against all currencies. There's a lack of data until we see Dodge speak today. |
The trend for commodities is higher, which underpins Canada's economy and supports the Canadian dollar. Fundamentally, I see a stronger Canadian dollar. |
We've seen a recovery in gold and crude oil prices that has supported the commodity currencies. |