The market is looking for a hawkish Bank of Canada but we expect them to now hold rates which is bearish for the CAD.
There is more interest rate sensitivity in the Canadian economy than the U.S. economy and while the Bank of Canada has probably ended its interest rate hike cycle the Fed is not done and the USD will hold an advantage in terms of yield going forward.
We expect the CAD to fall with other commodity currencies as the global economy slows up and see the Fed holding rates higher for longer - we have a combination of yield and safety in favor of the USD. #OPINIONLEADER#
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
喜欢的话，赞赏支持一下
暂无评论，立马抢沙发