I'm wondering why the Canadian dollar is performing so poorly. It seems to have lost a lot of value recently and I'm curious about the reasons behind this weakness.
7 answers
Raffaele
Sun Nov 10 2024
The Canadian dollar's demand is currently experiencing a decline.
Raffaele
Sat Nov 09 2024
By July, the differential could reach a full 1.00%, further weakening the CAD.
Stefano
Sat Nov 09 2024
Investors tend to seek higher yields in currencies with higher interest rates.
EthereumLegend
Sat Nov 09 2024
This is primarily due to the fall in Canadian interest rates.
Nicola
Sat Nov 09 2024
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