# Reflation Trade’s Last Bright Spot Shines On in Canadian Dollar

> The Canadian dollar has held up as the last bright spot of the reflation trade, despite some pullback from stretched positioning. Elevated raw material prices and accommodative central bank policies remain intact. The yen is also weakening under similar dynamics.

- Date: 2021-08-01 · published 2021-08-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46276-reflation-trade-s-last-bright-spot-shines-on-in-canadian-dollar
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Persistently elevated raw material prices underpin commodity values, though the article is mainly about currency positioning rather than a direct supply or demand shift.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-07-26/canadian-fx-fans-bet-on-reflation-in-face-of-delta-concerns

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.