The Loony Outlook - Should Canadians be buying US dollars now?

In this episode of the Smart Money Dumb Money Show, Keith Richards, President and Chief Portfolio Manager at ValueTrend Wealth Management, dives into the current outlook for the Canadian dollar, also known as the Looney. Keith analyzes historical charts, explores the impact of oil prices, and discusses how government policies could influence the Looney's future trajectory. Discover key support and resistance levels for the Looney and learn what to expect in the coming months, especially if you're planning to convert currency or invest in U.S. securities.

⏲️ Timestamps: 👇

00:08 - Introduction to the Looney Outlook
01:04 - Historical Analysis of the Canadian Dollar
02:15 - Impact of Oil Prices on the Looney
02:58 - Current Support and Resistance Levels
05:04 - Seasonal Trends in Oil and Their Influence on the Looney
07:55 - The US Dollar's Impact on the Looney
09:41 - Looney Outlook for the Summer and Winter
Tune in for a comprehensive breakdown of the Looney outlook, and don’t forget to check out Keith’s blog for more detailed analysis!

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[samspade]

Awesome coverage Keith. If only we could get rid of this clueless Federal government. Keep up the great work!

[londreshomme]

It's taken a while... but you're almost at 1000 subscribers! Long overdue I say

[bluejays]

I would thik a trump win would be bearish for oil prices as he would allow more drilling. Harris win would cause oil to rise as she is anti drilling.