The USD Forecast The soaring US dollar has been on quite a bull run in 2024. That’s up until recently when concerns over trade tariffs have made investors and currency traders a little wary of holding USD. But as you’ll read here, even if the US economy falls ill and the stock market coughs, the…
USD CAD Exchange Rate Predictions The US dollar is trending much higher against a basket of global currencies. Against the Canadian dollar, it is soaring. The USD CAD exchange rate is now at $1.43 USD. The key factor driving the CAD lower is lower oil prices, which today are falling below $26 a barrel. The US stock…
What’s the Outlook for the CAD? Businesses, snowbirds, currency speculators, forex brokers, and importers in Canada are all trying to forecast where the CAD USD currency rate is headed. Currency rates are complex however the data is suggesting this latest downward slide will continue. Only 2 years ago, some red-faced currency rate forecasters expected the…