Q: Further to your earlier answer on commodity prices dropping because of a rising US dollar...
Doesn't a rising US dollar actually HELP Canadian producers as they receive more for their products? And would that rise not be counteracted in any case by an anticipated further rise in Canadian rates - which would likely raise the CAN$? Is Mr. Market just reacting in a knee-jerk fashion here?
Doesn't a rising US dollar actually HELP Canadian producers as they receive more for their products? And would that rise not be counteracted in any case by an anticipated further rise in Canadian rates - which would likely raise the CAN$? Is Mr. Market just reacting in a knee-jerk fashion here?