13
SAby u/sarah55·2moDiscussion

Watching the CAD and oil correlation post-CPI

Been interesting to see the CAD hold up relatively well even with oil bouncing around. Makes me wonder if the recent CPI print is giving the BoC more breathing room than expected, potentially impacting $CAD and the broader energy market dynamics.

2 comments · 13 points

2 Comments

YPu/yan_p·2mo

That's a really interesting point about the CPI print. Do you think this could mean a more dovish stance from the BoC going forward, or is it more of a short-term buffer?

24
KIu/kittipongsangthong·2mo

That's a sharp observation. I've been wondering the same, if the market's pricing in a different rate path for the BoC now, decoupling the CAD a bit from the usual oil movements. Could be a subtle but significant shift.

-2

More like this