<p>At the start of the pandemic’s reach into North America the Canadian dollar tumbled, but by the end of April 2021 the loonie had hit highs against the US dollar that it hadn’t seen for just over three years. Is all this strength leading us back to parity? On this episode of Market Points, Shaun Osborne, Managing Director and Chief Currency Strategist at Scotiabank, joins us to discuss the rise in the Canadian dollar and where we could be headed from here.</p>

At the start of the pandemic’s reach into North America the Canadian dollar tumbled, but by the end of April 2021 the loonie had hit highs against the US dollar that it hadn’t seen for just over three years. Is all this strength leading us back to parity? On this episode of Market Points, Shaun Osborne, Managing Director and Chief Currency Strategist at Scotiabank, joins us to discuss the rise in the Canadian dollar and where we could be headed from here.

Currency outlook: Where is the Canadian dollar headed?

Dive into the latest trends and expert analysis with the Scotiabank Market Points podcast series. Each episode brings you timely insights from Scotiabank Global Banking and Markets leaders and experts. Listen now.

Important Disclosures:
This communication does not constitute investment advice or any personal recommendation to invest in a financial instrument or “investment research”. This communication is provided for information and discussion purposes only. An investment decision should not be made solely on the basis of the contents of this communication. It is not to be construed as a solicitation or an offer to buy or sell any financial instruments and has no regard to the specific investment objectives, financial situation or particular needs of any recipient. The information in this communication is based on publicly available information and although it has been compiled or obtained from sources believed to be reliable, such information has not been independently verified and no guarantee, representation or warranty, express or implied, is made as to its accuracy, completeness or correctness. Past performance or simulated past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. For all legal disclosures, please visit https://www.gbm.scotiabank.com/en/legal.html

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Dive into the latest trends and expert analysis with the Scotiabank Market Points podcast series. Each episode brings you timely insights from Scotiabank Global Banking and Markets leaders and experts. Listen now. Important Disclosures: This communication does not constitute investment advice or any personal recommendation to invest in a financial instrument or “investment research”. This communication is provided for information and discussion purposes only. An investment decision should not be made solely on the basis of the contents of this communication. It is not to be construed as a solicitation or an offer to buy or sell any financial instruments and has no regard to the specific investment objectives, financial situation or particular needs of any recipient. The information in this communication is based on publicly available information and although it has been compiled or obtained from sources believed to be reliable, such information has not been independently verified and no guarantee, representation or warranty, express or implied, is made as to its accuracy, completeness or correctness. Past performance or simulated past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. For all legal disclosures, please visit https://www.gbm.scotiabank.com/en/legal.html

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Currency outlook: Where is the Canadian dollar headed?

Currency outlook: Where is the Canadian dollar headed?

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