Does the loonie need immunity?

Today’s forecast for Canadian dollar

Ottawa lost the highest credit rating but bears in USD/CAD won’t put up a white flag

What doesn’t kill you makes you stronger. We all thought that USD/CAD bears will got weaker as Washington threatened to tax Canadian aluminium imports once again and the Fitch agency downgraded Canada’s Foreign Currency Issuer Default Rating (IDR) from ‘AAA’ to ‘AA+’.  Yet the pair is trying to return to downtrend after a 3-week correction amid oil news and rumours of an overnight rate rise in 2022 and despite the greenback’s strong positions inspired by an idea of the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>