TD stay bearish on CAD

TD Securities with a controversial view:

• “We don’t assume that native politics are driving CAD all an excessive amount of.”

Sheesh … the bounce for CAD was fairly clearly associated to the information of Trudeau to resign.

Anyway. Extra. TD says it stays bearish on CAD, regardless of Trudeau leaving workplace:

• “For CAD to learn from any change in management, there must be a powerful pivot… favoring a extra pro-business authorities”
• “There isn’t any clear path right here”
• CAD power on Monday seemingly had extra to do with markets reassessing dangers in regards to the incoming Trump administration’s tariff coverage

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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