bullish
Global FX: It was hard enough in the first place
SUMMARY
- US economic growth has shown exceptional resilience, with a strong payrolls report and other positive macroeconomic factors
- Higher US yields may put pressure on dollar shorts and lead to a potential capitulation in those positions
- Canadian dollar baskets may outperform in this environment, with higher US yields benefiting the CAD
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x