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

- 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 |
MNI London Bureau | +44 0203-865-3809 |

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