We are seeing a lot of new buying of the Canadian dollar. The central bank continues to tighten and everyone is talking about the election. We expect continued strength in the Canadian dollar.
Miscellaneous
Quotes, by Firas Askari
|
I don't think this is a bearish report because average hourly earnings are ticking up significantly, ... That is obviously a direct driver of inflation.
Miscellaneous
Quotes, by Firas Askari
|
I don't think this is a bearish report because average hourly earnings are ticking up significantly. That is obviously a direct driver of inflation.
Miscellaneous
Quotes, by Firas Askari
|
|
|
I'm still looking for places to sell the dollar. We're assuming that the Fed is nearing the end of its tightening cycle. That's a reason to sell dollars.
Miscellaneous
Quotes, by Firas Askari
|
|
The ISM manufacturing number was really stronger than expected. Obviously we've seen a sell-off in the U.S. bond market. As a result of this, people are calling for one or two more Fed moves.
Miscellaneous
Quotes, by Firas Askari
|
As a result of this, people are calling for one or two more Fed moves. The dollar is going to be a little bid on this one.
Miscellaneous
Quotes, by Firas Askari
|
|