There are a couple of events on the economic calendar tomorrow to move the Canadian dollar. While Canada has, so far, been sidelined by global uncertainty, it doesn’t mean that they will always be. We need to be wary of any signs of a change in economic patterns. This is especially true for such a seasonal country that is entering winter when economic output generally slows. Canada is an interesting case study. With the BOC largely staying out of this year’s race to the bottom in rates, the market tends to react to economic data directly. Without the filter of what the central bank might do, we get a more organic ... (full story)