In this engaging discussion, Shaun Osborne, Chief Currency Strategist, and Brendan Stark, Head of Institutional Short Term Interest Rate and FX Sales, dive into the shifting landscape of global markets. They analyze the implications of Canada's latest rate decisions and the upcoming U.S. elections on currency performance, particularly the U.S. dollar. The duo also explores the intricacies of carry trades, recent payroll data's effect on monetary policy, and what the future holds for the Canadian dollar amid potential commodity-led growth.
