A conservative government tends to have a lower tax, less spending and small government. Financial markets generally approve of these things. So a majority conservative government is beneficial to the Canadian dollar.
A lot of this is contingent on the Bank of Canada statement.
Although the dollar rallied earlier, we still have some support levels that weren't broken.
Any weakening of the Canadian dollar represents a chance to buy more of the currency.
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.
I don't think this is a bearish report because average hourly earnings are ticking up significantly,
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.
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.
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.
It's got everybody on their heels.
It's got everybody on their heels. Most people are short the U.S. dollar.
It's hard to like the euro,
It's hard to like the euro.
Obviously, a little more tepid than what markets were expecting.
People are falling out of love with the dollar. The U.S. data was on the disappointing side. That doesn't help.
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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.