Canadian dollar weakness forecasted as US Fed easing fails to support S&P 500

Tags: Canadian dollar, Currency:CAD, US dollar, the euro, the pound, forecast,

The Canadian dollar is at risk of losing ground against the US dollar and other low-yielding 'safe-haven' currencies (including the pound and Yen) as weak equity markets provide a drag. This comes despite a decent start to the new week for CAD (See below).

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