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
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。