Ottawa Investment Advisor John Bruce

Canadian Currency and Exchange Data

March 10, 2017

Growth in Canada is limited and with interest rates rising in the U.S., the CAN/U.S. exchange is likely going to take the Canadian dollar to new lows. It went through to a new one-year low yesterday and again today. I have already been buying U.S. dollars for you and it looks like that is the smart money move.

Canada- Little growth
U.S.- Increased growth
Canada- Flat interest rates
U.S.- Rising interest rates = falling Canadian dollar and rising U.S. dollar.

This will lend itself to a currency gain and a more robust U.S. market to invest in.

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