Peter Frank
Peter Frank
capital competition consider considered currency efficient field foreign free government investors level lower move negative news situation spot step tricky
Foreign investors will consider this as a step from the government to level the field for foreign competition and free capital for more efficient use. But it is a tricky situation now. The currency will move to a spot lower if the news is considered a negative for growth.
above doubt number
If you get a number well above consensus, you could see a big sell-off in the dollar. There's no doubt that is the big risk.
dollar euro ground key seem struggling
I think that the dollar is struggling to keep the ground that it clawed back overnight. The euro doesn't seem to be having any key direction,
bullish couple economy economy-and-economics global major next
If you're bullish on the global economy over the next couple of years, you have to think the CAD is going to be a major beneficiary.
prayers regardless
Obviously, our prayers are with (Robinson) regardless of all the other issues.
canadian dollar energy momentum reasonably short term
There is probably upward momentum in the short term for energy prices, and in that environment, the Canadian dollar should do reasonably well.
closed further gap growth likely manage output rate require string strong
To manage perpetually strong growth when the output gap has long closed will likely require a string of further near-term rate hikes.