Q: What are 5i’s thoughts and analysis on $CAD vs $USD?
The Financial Post article below highlights forecasts of 5% upside (loonie towards .80c usd). What do you expect? Time-frame, certainty in closing the gap, etc.
https://financialpost.com/executive/executive-summary/posthaste-why-the-canadian-dollar-isnt-done-yet
Would now/months from now be a good time to convert some $USD to $CAD (i.e. moving over US equity index/stocks in USD to the same holdings in $CAD).
The Financial Post article below highlights forecasts of 5% upside (loonie towards .80c usd). What do you expect? Time-frame, certainty in closing the gap, etc.
https://financialpost.com/executive/executive-summary/posthaste-why-the-canadian-dollar-isnt-done-yet
Would now/months from now be a good time to convert some $USD to $CAD (i.e. moving over US equity index/stocks in USD to the same holdings in $CAD).