The yen is still soft across the board and I think interest rate differentials are still the driver there.
More Quotes from Shaun Osborne:
The bank may start to soft-pedal its need for more rate increases down the road. So the Canadian dollar is coming down.Shaun Osborne
It was under pressure earlier on drifting commodities prices, particularly natural gas. Some soft numbers from the purchasing managers index helped give it a bit of a shove lower.
Shaun Osborne
The markets cast a bit of doubt about how much the central bank will go in this rate-hike cycle.
Shaun Osborne
Commodities prices are pretty robust, which supports the Canadian dollar. The Canadian dollar is still looking relatively good.
Shaun Osborne
We still think there is more appreciation to come and that's been our message to clients, it certainly was the case last year and it continues to be the case this year.
Shaun Osborne
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Nothing is unchangeable but the inherent and unalienable rights of man.Thomas Jefferson
I keep these songs in my head until I get behind the microphone. I never spend more than 30 or 40 minutes singing the vocal or it will sound mechanical. There are always mistakes, but it's about feeling more than being perfect.
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Beauty is in the eye of the beer holder.
Kinky Friedman