"This wasn't a very exciting report, but seems more indicative of the underlying trend in the labour market than what had been seen in recent months." - CIBC Capital Markets.
Read more … →โThe uncertainty over the future of the North American Free Trade Agreement (NAFTA) has turned out to be a bigger drag on CAD than we originally anticipated."
Read more … →โThere appear ample reason for central bankers to remain on the sidelines. As a result, we're sticking to our call that the BoC only hikes interest rates once more in 2018."
Read more … →โWe still like GBP/AUD upside as a medium-term monetary policy divergence view but we think GBP/CAD over the next few weeks could be the better trade.โ - Nomura
Read more … →A high-probability continuation pattern signals bias to expecting more upside in the week to come.
Read more … →Traders continued selling the Canadian Dollar after the release of Q4 GDP undershot expectations on Friday.
Read more … →Prepare for a possible 'sell the rumour buy the fact' reaction from CAD ahead of Friday's Q4 GDP release.
Read more … →