LightnRod

What’s Behind the Sell-Off in USD/CAD?

Cdn $ has been oversold, and it is due recovery. Cdn govt is fiscally responsible which is unlike all other national govts. Cda is facing some difficulties which is same as other nations, but IMHO, Cda is in better shape than all others, and has lots of upside. In addition, it has lots of natural resources which will be strong. The current down turn is with its manufacturing base that is tied with the US. However, it take some time for this to be shaken, but long term....not a bad bet.