As an exporting nation, Canada has a history of relying on a low currency. Unless you have been hiding under a rock for the past four years, the Canadian dollar no longer enjoys this low value luxury. Many producers who export are very concerned about the value of the Canadian dollar and some of the… Read more »
Tag: Matthew Strauss
EU Economic Instability Rocks the Canadian Dollar – Matthew Strauss, RBC Capital Markets
The Canadian Dollar is known as a commodity currency but as of late the European Union financial situation is playing havoc with the Canadian currency. Many feedyard and cattle ranchers are really getting stressed out by how violently the dollar has moved in the recent months. As we have mentioned before on this website, it… Read more »
Currency Outlook – Matthew Strauss, RBC Capital Markets
To 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)… Read more »