What’s ahead for the loonie

May 25, 2020 | Alex Albrecht


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The loonie has defied expectations during the recent rout in oil markets, hitching its wagon to another driver. Move over crude, hello equities. But the road ahead still has bumps, with implications for USD/CAD foreign exchange. How will extended travel restrictions affect cross-border investments? And what could snowbird investors expect from the U.S. Fed? George Davis, Chief Technical Strategist in Foreign Exchange Trading at RBC Capital Markets, joins us with the outlook on the Canadian dollar. Click here to listen to the full episode of the podcast.