Canadian dollar will fall to 85 cents this year, says TD Economics

Posted by Ravi Gulati | Posted in Uncategorized | Posted on 31-01-2014

Watch for the loonie to lose more of its luster this year, according to two well-known bank economists.

Craig Alexander, chief economist for TD Economics, said Thursday that consumers could see the Canadian dollar slide as low as 85 cents (U.S.) by mid-year if the current environment continues

Canadian dollar will fall to 85 cents this year, says TD Economics | Toronto Star.