EFTA Document EFTA01459605

12 January 2016 FX Blueprint: Forever Young nj Until such point as oil prices start to rebound, pension funds have little incentive to change their hedging ratios. When they eventually do shift their policy, the positive impact on the CAD should be considerable. Val As the Canadian dollar is driven lower by falling oil prices, its external and internal position deteriorated. Demand for external goods remains sticky while oil exports collapse driving fair value lower. Over time, a weak