Loonie under potential threat

Source: Bloomberg
© Scanpix/AP
The Canadian Dollar is facing a serious threat after the U.S data revealed positive growth numbers against the slow economic growth in Canada. As major Canadian government bond holders are U.S investors, experts predict a contraction of as high as 5 cents for the Loonie and reaching its 5-year low, in case the Fed decides to increase interest rate. 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.