16 Jan 2014
Flash: Poloz wanting a weaker CAD, 1.10 handle in sight? - BMO Capital Markets
FXstreet.com (Guatemala) - Stephen Gallo, European Head of Currency Strategy at BMO Capital brings USD/CAD 1.1000 into play.
Key Quote:
"The perception that the market has of Poloz wanting a weaker CAD means next week’s statement could be the clear impetus everyone is hoping for to bring us through 1.100. For today, we expect more modest CAD profit taking to be in place between 1.096 and 1.100…”
Key Quote:
"The perception that the market has of Poloz wanting a weaker CAD means next week’s statement could be the clear impetus everyone is hoping for to bring us through 1.100. For today, we expect more modest CAD profit taking to be in place between 1.096 and 1.100…”