CAD holds range on the day – Scotiabank
05.03.2025, 12:57

CAD holds range on the day – Scotiabank

So, the 25% tariff regime might have had a very short shelf life after all and we might be looking at low double digit border tariffs now, Scotiabank's Chief FX Strategist Shaun Osborne notes. 

Market awaits developments

"That’s still not great, only relatively less painful. But it might be about where markets have priced broader tariff risks into the Canadian Dollar (CAD) at this point which means downward pressure on the CAD may ease as we assess the outlook for additional tariffs moving forward. The CAD has gained little in overnight trade after rallying into the close yesterday and may struggle to push much higher while tariff uncertainty persists." 

"A rebound in risk appetite and narrower US/ Canada spreads are modest tailwinds for the CAD but rightsizing spot to its estimated fair value equilibrium (currently 1.4224) may have to wait for clarity on what the ultimate tariff regime facing Canada looks like. Note markets have pared expectations for next week’s BoC policy decision somewhat, pricing in 18-19bps of cuts, from all but fully pricing in a 1/4 -point cut yesterday." 

"Spot has swung sharply between 1.4370 and 1.4545 since the start of the week, defining near-term ranges. Those ranges are holding this morning, with the market reluctant to lean too hard on USD/CAD. A break under 1.4350/70 should drive spot lower, potentially towards 1.4200/50 on a range extension trade, however."

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik