Batis Exchange
Some forecasts suggest the Canadian dollar could rise to approximately US73 cents, while others believe it may reach US75 cents by the end of the year if U.S. interest rates decline and Canadian rates move higher, narrowing the gap between the two countries.
he Canadian Dollar (CAD) has weakened to its lowest point since early April, pushing the USD/CAD pair up to around 1.4190
Gasoline costs surged more than 33% compared with a year earlier, while food inflation accelerated to 4.3%, led by increases in fresh fruit and vegetable prices. Air travel also became more expensive as airlines faced higher fuel-related operating costs.
Since reaching a peak near $225 per share, the stock has given back much of its early gains and is now trading roughly 14% above its IPO price of $135. During its post-IPO rally, SpaceX briefly became one of the most valuable publicly traded companies in the world.
