USD/CAD has climbed back above 1.2600 after hitting a low last month of 1.2288. But as economists at MUFG Bank expect the Bank of Canada (BoC) to begin to ease off the monetary-policy accelerator to hike rates in the second quarter of next year, the loonie’s sell-off should be short-lived.
“The correction lower for the price of oil has had only a modest dampening impact on G10 oil-related currency performance so far. The hawkish repricing of Fed tightening expectations and broad-based US dollar strength have been the main drivers of those currency moves rather than the correction lower in the price of oil.”
“The CAD took a hit on Wednesday after the release of slighter softer than expected inflation data from Canada. The average of the BoC’s core inflation measures were unchanged at 2.7%. It prompted some scaling back of BoC rate hike expectations. Nevertheless, headline inflation did still accelerate to 4.7%. It keeps pressure on the BoC to continue normalizing policy after bringing QE to an end last month. The BoC has brought forward plans for the first-rate hike to Q2 2022, and risks are skewed in favour of an even earlier hike next year.”
“We expect recent Canadian dollar weakness to prove short-lived.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.