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Forex News

 Healthier fiscal position and less reliance on external borrowing should provide a limit to the upside – RBC

Josh Nye, Senior Economist at RBC, explains they see more upside coming in USD/CAD but not record highs. They forecast USD/CAD will trade at 1.46 (68.5 in US cents) during the second quarter and at 1.43 (69.9) ...

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Fundamental Forex Analysis

Rail strike hits Canadian manufacturers – RBC

Josh Nye, Senior Economist at the Royal Bank of Canada (RBC), offered his take on Tuesday’s disappointing Canadian Manufacturing Sales data, which fell for the third consecutive month in November. Key quo...