CAD USD Exchange US Dollar Forecast – Foreign Currency Exchange Rates

CAD USD Exchange US Dollar Forecast – Foreign Currency Exchange Rates

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…

Canadian Dollar Forecast – Predictions for CAD USD Conversion Rates Forex

Canadian Dollar Forecast – Predictions for CAD USD Conversion Rates Forex

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…