Canada (CAD, Dollar) Currency FX Analysis
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Canada SWOT Statistics
Currency Strength Survey
Canada is the world’s second largest country by total area and is one of the world's wealthiest nations, with a high per-capita income and a high amount of economic freedom. Canada is one of the world's largest suppliers of agricultural products such as wheat, canola, and other grains as well as, the largest producer of zinc and uranium. Canada is one of the few developed nations that are net exporters of energy. They also contain the Athabasca Oil Sands, the second largest oil reserve behind Saudi Arabia.
Dollar Currency Analysis Update
Canada (CAD) has a capitalist, service-based, economy and is one of the wealthiest countries in the world. The services and materials industry are the two main employers. Canada's Fundamental Currency Analysis (short term investment): the Canadian dollar has the potential to decrease in value especially if export markets for materials do not perform well. Canada's Value Investor Survey (short term investment): the economic environment is very favorable for long term economic growth due to high scores on economic freedom and SWOT strengths. Canada's Currency Trading Strategy: An overvalued currency and low investment flow potential are negatives, while the favorable business environment is a significant positive.