The document discusses the USD/CAD currency pair, focusing on the influence of the Federal Reserve and Bank of Canada terminal rates on its movement. It highlights the market's expectations for rate tightening by both central banks and the potential impact on the USD/CAD exchange rate. The document also considers the sensitivity of the Canadian economy to interest rate changes, the influence of oil prices, and political factors such as NAFTA negotiations.
doj/DataSet10/EFTA01387382.pdf
{"title":"FX Blueprint - Theme #8: Niagara falls - buy USD/CAD","key_people":["BOC Governor","Poloz"],"document_date":"2018-01-09","document_type":"correspondence","key_locations":["Canada","US","UK","Libya","Iran"],"key_organizations":["Federal Reserve","Bank of Canada","Deutsche Bank"]}