Since October, the Canadian dollar and Mexican Peso have depreciated by much less than what would be expected from a 25% tariff on Canada and Mexico. Recent history shows that currency adjustments ...
Find out what’s driving FX, equity markets, and commodities in our market forecasts. On Friday, the weekly Commitments of Traders (COT) report was released, which shows positioning in the futures ...
The main FX positioning story was the unwind of a massive carry trade and the associated yen shorts, Société Generale FX strategists note. CAD short covering looks far from over “As we suspected on 7 ...
CAD sentiment remains very bearish. CAD has underperformed the other commodity currencies so far this year and trading accounts remain very short according to the IMM data. Net short positions were ...