Bullish Case For CAD Intact
The CAD has been one of the least affected risk currencies during the latest round of sell-offs.
The CAD has been one of the least affected risk currencies during the latest round of sell-offs.
The EUR has been taking a beating from the GBP over the past few weeks – and more recently from the USD too.
For the past few weeks, the only game in town has been the move in global bond yields, with those in the US leading the way higher.
Hopes of “soothing talk” from the Federal Reserve were dashed with Jerome Powell’s speech.
Inside our Trading Terminal, we have seen multiple instances where rising yields have not pressured equities.