Popular News From Popular Sites: No relief ahead for the battered Canadian dollar: Reuters poll

Wednesday, October 1, 2014

No relief ahead for the battered Canadian dollar: Reuters poll

By Leah Schnurr TORONTO (Reuters) - The coming year is unlikely to bring any relief to the weakening Canadian dollar as the Bank of Canada's neutral stance prompted analysts in a Reuters poll to renew their pessimistic forecasts for the currency. A number of factors are working against the loonie, not least of which is the growing view that the domestic central bank could be comfortable sitting on the sidelines even as the Federal Reserve starts to raise U.S. interest rates next year. ... Read More http://ift.tt/1vx9xOg

No comments:

Post a Comment