Sell Canadian Dollars Says HSBC Strategy
- Category: CAD
HSBC's FX strategy team recommends buying the U.S. dollar against the Canadian dollar (USD/CAD) in anticipation of potential trade-related volatility, as the March 4 deadline for U.S. tariffs on Canada approaches.
Canadian Dollar: Dangerous Hope
- Category: CAD
The Canadian Dollar has rallied on expectations that harsh U.S. tariffs will be avoided, but this hope might be misplaced, say analysts.
The Pound can extend a short-term recovery against the Canadian Dollar in the coming days.
A firming Canadian Dollar proves tariff fears are losing their grip on global foreign exchange markets.