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View Full Version : US Dollar May Weaken to 1.24 Canadian Dollars, Citigroup Says - Bloomberg



NewsWhore
03-10-2009, 07:40 AM
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US Dollar May Weaken to 1.24 Canadian Dollars, Citigroup Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3DaoaL_7_a5fV4%26refer%3Dcanada&cid=0&ei=blK2SeafGqWSkQSOgfn2BQ&usg=AFQjCNEcQo7yhdWdLgrewrb8__YuQaWj2w)
Bloomberg
By David Clarke March 10 (Bloomberg) -- The US dollar may fall to 1.24 Canadian dollars because the Canadian currency is undervalued “given its strong financial and fiscal standing” and investors should bet on the decline, according to Citigroup Inc. ...


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