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Daily Updates

USD to CAD Morning Update — June 22, 2020

By June 22, 2020June 25th, 2020No Comments
We start the week with the markets looking for direction.  We have now had several weeks of elevated volatility caused by sentiment vacillating between hopes for a quick economic recovery and worries about the resurgence of COVID and a weaker than expected global recovery.  This morning the equity markets look to open positive and the Canadian dollar up by 0.1%.  We will be watching Tiff Macklem’s speech closely later today for clues as to his views and approaches to the Canadian economy.

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