November 2011
Beginner
335 pages
9h 33m
English
The U.S. dollar/Canadian dollar relationship in U.S. markets is supposed to factor as the Canadian dollar is the U.S. Treasury Bond follower, while the U.S. dollar is the Canadian Bond yield seeker in Canadian markets. Sometimes this relationship holds for Canadian dollar, sometimes not. The BOC's interest lies in Canadian dollar/U.S. dollar. This relationship is quite different and it leaves the Canadian dollar in a particular place. This is why the Canadian dollar can be a tricky trading vehicle in U.S. markets and this is also why it is known in market terms as the Loonie.
Canadian dollar/U.S. dollar allows the Canadian dollar to weaken and rise at the expense of the U.S. dollar. Yet the pair accepted ...
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