The Canadian dollar managed to improve its position recently, with USD/CAD retreating from the highs that got it close to 1.30. The rising oil prices following the crisis in Yemen helped, but did not last too long.
So what’s next for the loonie? Here are views from Nomura and Morgan Stanley:
Read the rest of the article Canadian dollar: What’s next? 4 Issues from Nomura and buying USD/CAD dips from Morgan Stanley