If commodities have peaked then the Canadian dollar has peaked too? The analysts are predicting a decline into 2009. Up until now it was always parity or an increase. Is it time to:
1) Move CAN funds into US currency???
2) Move CAN funds into other currency
3) Hold?




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Oil, gold and other raw materials account for half of Canada's exports.
Crude oil gained for a third week.


Currency Forecast
Canada's dollar will decline to C$1.08 by the first quarter of 2009, according to the median forecast of 38 analysts in a Bloomberg survey.






http://www.bloomberg.com/apps/news?p...d=atj0Gd2wvLNg