(5) US Dollar weakness and
Canadian Dollar strength in H2 2004 and 2005.
In the other direction, a move back below the July 26 and 27 low of C$ 1.2414 would signal a shift in sentiment toward
Canadian dollar strength.
They boosted wagers on
Canadian dollar strength to a net 75,086 contracts in the week ended Oct. 17, near the most in five years.
Not exact matches
The underlying factors driving the
strength of the loonie have implications on how the BoC responds; the BoC is more forgiving if a stronger
dollar is driven by fundamentals (i.e. greater foreign demand for
Canadian goods / services) rather than investment flows.
The coincident
strength of commodity prices and the
Canadian dollar in recent years has been treated by some as prima facie evidence of Dutch Disease in Canada.
These challenges include the persistent
strength of the
Canadian dollar, which is being influenced by safe - haven flows and spillovers from global monetary policy.
The central bank says it held off this time in part because it expects the recent
strength of the
Canadian dollar to slow the rise in the pace of inflation.
This has offset the
strength of the American
dollar somewhat for domestic producers, although transportation issues still result in lower prices for certain
Canadian grades.
The
strength of the
Canadian currency was more about the general selling of the U.S.
Dollar as some profits were booked.
Despite the expected recovery in exports, they are likely to remain below their pre-recession peak until the second half of 2014 owing to restrained foreign demand and ongoing competitiveness challenges, including the persistent
strength of the
Canadian dollar.
When it comes to pricing, I wouldn't recommend
Canadians buy their books at Chapters because they charge full CDN price regardless of our
dollar's
strength.
Therefore, the
strength or weakness of the US
dollar has no effect on the return that international equity ETFs deliver to
Canadians.
In its scheduled announcement, the central bank says it held off this time in part because it expects the recent
strength of the
Canadian dollar to slow the rise in the pace of inflation.
However, if you happen to believe that the
Canadian dollar's
strength can't last forever and you want to load up on greenbacks while they're on sale, DLR may be a cost - effective way to do that.
But return from foreign stocks was muted by the continuing
strength of the
Canadian dollar.
Another change I noticed, being
Canadian, is that the US
dollar gained
strength against the
Canadian dollar.
If the
Canadian dollar strengthens versus other currencies, it will most likely be accompanied by
strength in the
Canadian economy, and rising earnings — and hence plan contributions — of the CPP participants.
This underlines a previously - identified risk that a combination of disappointing productivity performance and persistent
strength in the
Canadian dollar could dampen the expected recovery of net exports.
That said, it is extremely accessible (minimum $ 250) and leverages the relative
strength of the
Canadian dollar to create employment and wealth around the world.
TORONTO — The recent
strength of the
Canadian dollar has been a surprise, given that many economists expected it to stay weak throughout much of the year.
That could push
Canadian home prices up, especially given the recent
strength of the U.S.
dollar against the loonie gives Americans strong buying power in Canada.
This leaves most
Canadian investors who may be looking to take advantage of the recent
strength in the
Canadian dollar in a bit of a conundrum.
The
Canadian dollar was little changed ahead of the latest read on
Canadian economic
strength, off 0.02 of a cent to 89 cents US.
There may be some risk to holding a large amount of assets in foreign currencies, since you are still dependent on the
strength of the
Canadian dollar when you receive dividends or sell the assets.
The survey says that although Canada is still relatively inexpensive,
Canadian cities continue to move up in the rankings because of the
strength of the
Canadian dollar.
«Increased sales of larger and more luxurious homes reflect the underlying
strength of the
Canadian economy — one that has demonstrated a strong performance and resilience throughout 2005 despite the
strength of the
Canadian dollar,» says Phil Soper, president and CEO of Royal LePage.