Reality Check With Alan Watt

 

Martial Law 9-11: Rise of the Police State 

 

America in Peril 

 

The Money Masters 

CIBC Forecasts Canada Dollar Above Parity With U.S. by Sept.

By Theophilos Argitis, on 03-11-2010 01:37

Published in : Agenda, Economy

Views : 142    

CIBC World Markets Inc. forecasts the Canadian dollar will rise above parity with the U.S. dollar by September on expectations the Bank of Canada will raise interest rates before the U.S. Federal Reserve.

CIBC’s forecasts the dollar will rise to C$0.98 per U.S. dollar in September, before weakening below parity by the end of the year to C$1.03, according to a report released today. The Canadian dollar was trading today at C$1.027 per U.S. dollar at 8:05 a.m. in Toronto.

 
User comments Quote this article in website Favoured Print Send to friend
 

Do Not Follow...Lead!

Subscribe! Get Daily NOHTDT News