The 10 Minute Take - What’s ahead for the loonie

May 22, 2020 | Brian Moore


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The 10-Minute Take podcast provides insights from RBC economists and market experts on events unfolding around the globe. Featuring George Davis, RBC Capital Markets’ Chief Technical Strategist in Foreign Exchange Trading.

The 10 Minute Take Podcast

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 for the full podcast; The 10 Minute Take.