# Four reasons to short the loonie - Financial Post

> CIBC economists say the Canadian dollar, now around 78 US cents after a 2.2% weekly drop, still has room to fall. Factors include a more subdued Bank of Canada hiking outlook and NAFTA concerns, with rate-hike expectations for January falling toward 50 per cent.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/68713-four-reasons-to-short-the-loonie-financial-post
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A falling loonie raises USD/CAD and can make Canadian grain and oilseed exports more competitive. Lower rate-hike expectations and NAFTA risk reflect currency-driven rather than supply-driven price pressure.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/investing/four-reasons-to-short-the-loonie/

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