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The Canadian dollar strengthened against the U.S. dollar after Bank of Canada Governor Tiff Macklem said more time was needed before rates could ease. It recovered from a near two-month low as oil prices rose.
The loonie traded 0.4% higher at 1.3490 per U.S. dollar.
A cautious central bank supports the Canadian dollar and lowers USD/CAD. Higher oil prices also support Canadian export income, but the effect on feed commodity prices is limited.
theglobeandmail.comFergal Smith6 feb 2024Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 487 eventos alcista de macro pasados, Petróleo crudo (WTI) se movió una mediana de +1,0 % en 5 sesiones (60% al alza; mitad central entre -2,0 % y +4,0 %), y +1,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
