Drivers of the loonie
=> We are eyeballing a move to the 1.25xx handle here with BoC hikes expected this month.
=> Expecting NY to lower the bid as early as today, this trade is not at all crowded ...
=> The Canadian economy is strong and with rising rates the CAD is trading at a discount. There are little idiosyncratic factors influencing Canada other than the recently cleared "NAFTA" 2.0
=> Energy prices are playing a decreasing role with importance starting to shift towards yield differentials
=> The risk to our thesis is a stronger dollar via EUR, JPY and GBP weakness
=> Good luck all
=> Expecting NY to lower the bid as early as today, this trade is not at all crowded ...
=> The Canadian economy is strong and with rising rates the CAD is trading at a discount. There are little idiosyncratic factors influencing Canada other than the recently cleared "NAFTA" 2.0
=> Energy prices are playing a decreasing role with importance starting to shift towards yield differentials
=> The risk to our thesis is a stronger dollar via EUR, JPY and GBP weakness
=> Good luck all
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.