Canadian Dollar weakening as U.S. interest rates rise: Poll

The Canadian dollar is likely to fall further in the coming months, hit by both a weak domestic economic outlook and an anticipated rise in interest rates in the United States, a Reuters poll showed.
Oil prices are also expected to remain weak for the rest of the year amid a persisting global supply glut, and is likely to continue to weigh on the commodity-linked loonie.
Still, analysts expect the currency will not fall as much as it did in March, when it hit its lowest levels since early 2009.  (more)

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