Free Trial

Citi: "We'd think one would be........>

DOLLAR-CANADA
- Bonds & Currency News | Market News" >
DOLLAR-CANADA: Citi: "We'd think one would be loonie not to sell USDCAD. Low
uncertainty from Canadian firms regarding US policy in the BoC Business outlook
survey (BOS) is a strong signal for sentiment and allows more focus on prices as
it erodes a barrier to hawkish signals for a data dependent central bank. Room
for rate expectations to rise against a backdrop of average CPI at 5y highs and
firm inflation expectations presents a mechanism for further CAD gains,
particularly against the USD."
- Bonds & Currency News | Market News" >
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.