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The Canadian dollar edged lower against the US dollar on Friday but finished the week up 0.2%, its second straight weekly gain. Gains were supported by higher oil prices and expectations of further Bank of Canada rate hikes after August inflation jumped to 4.0%.
A firmer loonie raises the cost of Canadian-origin commodities for US buyers and tends to track oil; stronger oil supports energy-linked feed costs while a stronger CAD lowers Canadian export competitiveness.
theglobeandmail.comFergal Smith22 sept 2023Todavía 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.
