Currency Outlook – Matthew Strauss, RBC Capital Markets

moneyTo say that the currency market is volatile would be quite the understatement.  We have seen the USD decrease in value by 15-20% in a very short time period.   The economy has been a well discussed topic in the media, in the local coffee shop and in every boardroom of corporate America.  The weakness in the US dollar (USD) is well documented the weakness has been rightly predicted by many financial and economic analysts.  The impact of the surging Canadian dollar (CDN) on exporting industries is grave and quite detrimental. The hog and cattle indutries are up against enough issues to have to deal with a currency that seems to move 20% at will.  Known as a petro currency, the Canadian dollar has no doubt moved higher on oil closing in on $80 per barrel, but is there more to the story.  Is this more to do with weakness in the USD or is the Canadian economy forecasted to do much better in relation to the United States? 

I talked to Matthew Strauss, Senior Currency Strategist, RBC Capital Markets in Toronto to answer some of these questions and more.  We also talked about the six to twelve month outlook for the USD and CDN currencies.   

Matthew Strauss – RBC Capital Markets – Currency Outlook


Shaun Haney

Shaun Haney is the founder of He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4PM est. @shaunhaney


7 things we learned at Ag in Motion

It was a warm few days of visiting, walking around, and watching farm equipment in action, as thousands of people from the agriculture community met in a field along Highway 16 northwest of Saskatoon this week for the 2018 edition of Ag in Motion (AIM). The hot weather certainly put a premium on any space…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.