The full text of her speech is here, if you can bear it.
With Canadian retail sales and a speech from Carney tomorrow, CAD traders need to wait another day for something to chew on.
It’s troubling that CAD is right at the bottom of the barrel with USD and JPY today despite the rise in oil and commodities. There has been persistent talk of buyers down to 0.9800 and they may be starting to get some traction.
Yesterday’s brief rise above 0.9900 quickly failed but that remains the key level on the upside.
