# How to protect yourself from a weakening currency | CBC News

> Analysts quoted by CBC said the Canadian dollar, near 75 US cents, could fall to 71 cents in 2019 and possibly 61 cents per another forecast. Concerns cite high household debt and capital flows toward higher US rates. The article gives advice on protecting against currency weakness.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60323-how-to-protect-yourself-from-a-weakening-currency-cbc-news
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A sharply weaker loonie would lower Canadian feed-ingredient costs in USD terms and could shift trade flows for canola and other feed inputs.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- cbc.ca: https://www.cbc.ca/news/canada/british-columbia/weakening-currency-1.5069410

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.