Canada News
For 2024, there are some short-term tailwinds for the Canadian dollar as central banks cut rates and the US dollar falls broadly, says Adam Button, chief currency analyst, Forexlive. Button predicts a 5 per cent to 6 per cent uptick in the loonie in the second half of the year. He says domestic factors such as the housing market and immigration levels will weigh on the dollar.
Credit BNN Bloomberg