Canadian Dollar
In this insight, we provide an update on the Canadian economy, given yesterday’s rate cut, and implications for Canadian assets.
In this report, we review our trade recommendations based on incoming data in the last month.
The Canadian dollar typically has two main drivers: interest rate differentials and commodity prices, especially oil prices. However, the relationship between the CAD and oil has broken down recently. As our FX strategists have highlighted, the key reason for…
In this report, we review what our technical indicators are telling us about the G10 currencies.
In terms of interest rate bets, markets are now roughly neutral on whether the Fed or Bank of Canada move the most in the next 12 months. BCA Research’s Foreign Exchange Strategy service’s bias is that it will be the BoC (with more cuts). Thus, a…
In this insight, we calibrate our investment views based on the latest Bank of Canada decision.
In this report, we review our trade recommendations based on incoming data in the last month.
After briefly weakening in January, AUD/CAD has once again been moving higher over the past few weeks. Indeed, BCA’s Intermediate Term Technical Indicator is back to neutral from overbought territory, paving the way for this rebound. The question going…
As we discussed in a recent Insight, the krone is the top pick for our Foreign Exchange Strategy team. The krone upgrade is one of the most significant changes in our colleagues’ attractiveness ranking model. Norway has the perfect storm of sticky inflation,…
This week, we review our currency positions, based on the latest data from G10 economies.