If you have a continuation of gains in commodities prices, the Canadian dollar will rise. There is some positive momentum going on for the Canadian dollar.
More Quotes from Boris Schlossberg:
The Canadian dollar is relentless moving forward. You also have very steady economic growth and a strong commodities cycle.Boris Schlossberg
For a long time now the Eco Watchers Survey has been our favorite gauge of Japanese consumer sentiment.
Boris Schlossberg
The IFO survey hit a 14-year high... receding oil prices and an exchange rate that has stayed below the 1.20 figure for most of the month has buoyed business confidence in the region and bodes well for future prospects of growth in Q1. The news also helps to buttress the expected European Central Bank decision to raise rates to 2.5 at the upcoming March 8 meeting.
Boris Schlossberg
This 'man in the street' poll of barbers, taxi drivers and waiters offers some of the best clues to future Japanese consumer spending.
Boris Schlossberg
The euro has been the victim of an ever widening interest-rate differential to the dollar, a dynamic that has hurt the currency over the past six months as the carry spread now stands at 175 basis points against it.
Boris Schlossberg
The market has really begun to believe that we are coming to the close of the zero interest rate policy.
Boris Schlossberg
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