Burden of Expectations Could Limit the Loonie’s Flight – July 2017

The loonie has been soaring amid growing optimism for the domestic economy and prospects for tighter monetary policy from the Bank of Canada. We weigh the factors that could propel the loonie further or clip its wings, and conclude that there are a strong set of arguments that suggests upside from current levels may be difficult to achieve.

Click here for the full report.

.