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Political turmoil at both home and abroad will threaten the Canadian Dollar heading into 2025. Incoming US President-elect ... Trading foreign exchange on margin carries a high level of risk ...
Gonçalo Moreira explains the correlations that exist between oil, the USD and the CAD: "If Canada is one of the world's largest producers of oil and oil is such a big part of the US economy ...
The USD/CAD exchange rate has crashed in the past fee days, and is now hovering at its lowest level since November last year.
The Canadian dollar edged lower against its U.S. counterpart on Wednesday as investors globally awaited the announcement of sweeping new U.S. tariffs that could escalate a trade war.