30 Quotes by Carolyn Kwan
- Author Carolyn Kwan
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It looks like the Canadian dollar has really recovered. Part of the reason has to do with the commodity story.
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- Author Carolyn Kwan
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Even with the Canadian dollar appreciating some 6 U.S. cents through the year, both exports and imports in 2005 surged to record high levels.
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Every one of them gets to be pretty important when considering the Fed is going to be watching the data ever more closely to figure out where interest rates are going.
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The Bank of Canada is more likely to move more than the U.S..
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The Bank of Canada has talked about the risks to 2007 on the downside. We would see the Canadian dollar weakening.
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It's difficult to pinpoint the move on any one thing at this point, but with the commodity prices coming off, that could be one of the factors.
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The U.S. economic releases were not particularly outside of expectations in any way.
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There's very little direction. Everyone's tuning into (the payrolls figures) especially since the Fed has been talking about watching incoming data for guidance on how they're going to move in March.
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A rise in longer-term bond yields would arguably be seen as doing some of the Fed's tightening work.
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