16/09/2025
The Canadian Dollar is holding strong despite market jitters, currently sitting around 1.385 USD/CAD. 📊
What’s driving the momentum?
🔑 Rising commodity prices (copper up 7.8% YTD, gold at $3,600/oz)
🛢️ Oil production cuts keeping energy prices firm
🤝 Ongoing trade talks with the U.S.
🏦 Bank of Canada’s decision to hold steady on rates
But it’s not all smooth sailing because global recession fears and potential aggressive Fed hikes could shake things up.
💬 Question for you: How are currency swings impacting your business? Are you adjusting your pricing, hedging, or just riding it out?
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