Jeremy Friesen
Jeremy Friesen
moves potential
I think there's more (potential) for moves with the U.S. dollar.
bleed energy high prices remain risk underlying
If energy prices remain high for long enough, there is a risk that they would bleed into underlying inflation.
rates seems view
The view on where U.S. rates go seems to be most contentious.
confusion good heck market second thoughts
(There was) confusion about what the heck they meant. The market thought it was good (for the U.S. dollar), then they had second thoughts about it.
appreciation bank canadian concerned earlier emphasis less market raising stop
The more emphasis on the Canadian dollar, the earlier the bank is going to stop raising rates. The Canadian dollar's appreciation is something the market is concerned about; the bank may be less aggressive.
across against buying canadian deficit dollar euro helped including major obviously people rally seeing
The narrowing of deficit obviously helped the U.S. dollar rally across the board. There is more indifference about the Canadian number. We are seeing people buying the U.S. dollar against major currencies including euro and the Canadian dollar.