Loonie Tunes: Playing Second Fiddle to the Greenback
Highlights The Loonie has lost substantial ground to the greenback this year, a fate it shares with several other major G10 currencies. Wider interest-rate gaps have made U.S. assets more attractive, adding pressure on CAD alongside other advanced-economy curr
Highlights The Loonie has lost substantial ground to the greenback this year, a fate it shares with several other major G10 currencies. Wider interest-rate gaps have made U.S. assets more attractive, adding pressure on CAD alongside other advanced-economy currencies. The baseline still points to eventual loonie recovery, but that view is vulnerable if U.S. productivity […] The post Loonie Tunes: Playing Second Fiddle to the Greenback appeared first on ActionForex.