Canada dollar seen weaker before firming to U.S. dollar parity in one year

TORONTO (Reuters) – Canada's currency is seen weakening over the next six months before firming to the one-for-one mark with the U.S. dollar, a Reuters poll showed, helped by the prospect of central bank easing abroad even as the Bank of Canada looks to tighten. The currency, which touched a six-week high of C$1.0121 against its U.S. counterpart on Tuesday, has swung in a 3-cent range over the …

Share This Post

Recent Articles

Leave a Reply

© 2012 Currency Market News. All rights reserved. Site Admin · Entries RSS · Comments RSS
Powered by WordPress · Designed by Theme Junkie