(Reuters) - "Between red-hot commodity and energy markets and huge
capital inflows associated with an avalanche of M&A deals, the
Canadian currency has plenty of octane left to take a concerted
run toward parity against the greenback," CIBC World Markets
chief economist Jeff Rubin, said in a statement.
Rubin also said he does not expect the Bank of Canada to
intervene with a rising Canadian dollar and that the central
bank would actually welcome a higher domestic currency.
Read more at Reuters.com Bonds News
capital inflows associated with an avalanche of M&A deals, the
Canadian currency has plenty of octane left to take a concerted
run toward parity against the greenback," CIBC World Markets
chief economist Jeff Rubin, said in a statement.
Rubin also said he does not expect the Bank of Canada to
intervene with a rising Canadian dollar and that the central
bank would actually welcome a higher domestic currency.
Read more at Reuters.com Bonds News
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