• Click Here
  • Click Here
  • Forex Capital Markets | FXCM, LLC
  • CMSForex
  • etoro forex
  • dukascopy fx trading
  • Australian forex company
  • Forex com GAIN Capital
  • Marketiva Currency Trading
  • fxclub
  • Global Forex Trading GFT
  • avafx foreign exchange

Write for OnlineForexTrading

Home » Online Forex Trading Blog » Canadian Dollar Takes a Beating From the US Dollar

Canadian Dollar Takes a Beating From the US Dollar


The Canadian economy thrives on it’s exports and with the slowdown of US spending the Canadian dollar has taken quite a hit. In the last 2 days alone, the Canadian dollar has weakened by nearly 600 pips and with the Bank of Canada looking to cut interest rates by 100 basis points (1%), there is still a lot of room for the Canadian dollar to fall.

About the Author -

Thomas House has been creating and marketing websites for over a decade. He has successfully bought and sold a variety of websites in different industries, and learned about many of them along the way. Mr. House is learning about forex and trading as he creates a resource for others to do the same. Feel free to contact him about advertising opportunities on this site if you are so inclined.

Leave a Reply