Long term rates may rise in response to Fed tapering Most worried about Canadian inflation undershooting target If CAD keeps sliding, those inflation undershoot worries will ease...USD/CAD holding near top end of range, now at 1.0750.
this is the one time tom stolper is gonna be right and he is gonna fuck everyones accounts up, goldman said to go long usdcad so far that trade is amazing
with carney the canadian dollar was strong, he left to england now the pound is strong. Poloz was a toilet paper salesman before becoming bank of canada chief. So the loonie is the new global toilet paper.