19 Quotes by Jack Spitz

The number underscores economic strength in the country. Bank of Canada may continue its hawkish stance. This is supportive to the Canadian dollar.

The U.S. dollar is under pressure today, which is dominating price action throughout the North American session.

There's support for the Canadian dollar because fundamentally the numbers that were released this morning were still not bad enough to continue to see the Canadian dollar weaken.

After the payroll data was released, it was more or less U.S. dollar buying across the board, but Canada's reaction was muted when compared with other currencies.

The Canadian dollar appears to be the North American play, and the proxy for all things that are good in a North American economy with a commodity add-on.

I'm looking for dollar/Canada to trade within the well-defined C$1.1370-C$1.15 range ahead of the tier-one economic releases that are out this Friday.

Canada looks to be a buy not only against the U.S. dollar but the euro as well.

I do see the Bank of Canada looking to raise rates, and the converging yield curve between Canada and the United States will continue to underpin the Canadian dollar.

A hawkish tone is already priced into the markets, both in the yield curve and on the currency. It was the big event risk of the week and he did live up to market expectations.