Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

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The C$ recently rose to its highest level in more than two months against the U.S. dollar, which gained strength after last Friday's jobs report

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Canadian dollar’s outlook for 2023 uncertain as interest rate hikes wane, experts sayExperts say if the economic downturn provoked by central banks’ policies is harsher than expected or hoped for, that would weaken the loonie
Source: globeandmail - 🏆 5. / 92 Read more »

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: expertsExperts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession.
Source: CTVNews - 🏆 1. / 99 Read more »