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Canada Economy
Jun 09, 2017 at 06:47
会员从Dec 22, 2016开始
20帖子
What do you think will happen in the economy of Canada as I have read in this article: Ups and Downs of Canadian Economy (https://www.fmfxreviews.com/canadian-economy/) that Trump administration, however, may hurt the Canadian economy with its “putting America first” campaign.
Jul 07, 2017 at 05:44
会员从Feb 12, 2016开始
427帖子
I don't think Canada will be damaged by Trump's plans or campaigns.. It's publicly known that he is not a fan of Canada, but their economy is really good. Also US won't be interested in loosing their 2nd largest supplier of goods. I would suggest this article is lacking facts. It may be some sort of 'speculation'
Accept the loss as experience
Jul 07, 2017 at 12:31
会员从Dec 11, 2015开始
1487帖子
MyNewBank posted:
US action may hurt Canada but the demand for Canadian oil is likely to remain strong and Oil is a strong driver of the Canadian economy (especially the export market)
My thoughts exactly. The CAD is tied to the price of oil. As long as that remains so the Canadians will be okay, I think.
Aug 03, 2017 at 11:21
会员从Feb 12, 2016开始
427帖子
Well the connection of both should be close because oil affects Canada's economy -> Canada's economy affects CAD so -> Oil affects CAD. This is just basic knowledge mixed with little logic. I am not 100% sure how close is the connection between oil and CAD but I am quite sure there is a connection. Hope that helps :)
Accept the loss as experience
会员从Dec 06, 2016开始
33帖子
Aug 04, 2017 at 11:44
会员从Dec 06, 2016开始
33帖子
BrownTie posted:
How closely correlated with oil do you think CAD is?
to understand this well, read this article titled 'Canadian Dollar and Oil Prices' (https://itrader-reviews.com/canadian-dollar-oil-prices/) it shows that oil prices has something to do or correlates with the value of exchange rate between the CAD and the USD.
会员从Dec 06, 2016开始
33帖子
Aug 04, 2017 at 11:44
会员从Dec 06, 2016开始
33帖子
BrownTie posted:
How closely correlated with oil do you think CAD is?
to understand this well, read the whole article here entitled 'Canadian dollar and Oil prices' (https://itrader-reviews.com/canadian-dollar-oil-prices/). it shows that the oil prices has correlation between the value of the exchange rate of USD and CAD.
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