Interesting move in the FX markets right now. The Canadian dollar just hit its highest point in five months, which is pretty solid. But here's the thing—factory sales came in weaker than expected. That's a mixed signal if I've ever seen one. Usually you'd expect currency strength to reverse when manufacturing data disappoints. Shows the market's positioning ahead of what could be significant policy shifts. Worth watching how this plays out over the next few weeks, especially if we're seeing divergence between currency strength and economic fundamentals. Could have ripple effects on commodity-linked assets and risk sentiment across markets.
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BlockchainWorker
· 5h ago
The Canadian dollar has risen, but the industrial data underperformed. This stark contrast is indeed astonishing and suggests that big funds are lurking somewhere.
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AlwaysMissingTops
· 5h ago
The recent surge in the Canadian dollar is a bit outrageous, while industrial data is dragging down... What is the market betting on?
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rekt_but_not_broke
· 5h ago
The recent surge of the Canadian dollar is a bit strange... Industrial data is weak but still holding on, I smell a policy change coming.
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TopBuyerBottomSeller
· 5h ago
This wave of the Canadian dollar is quite interesting. Industrial data is weak, but the currency is strong. What is the market betting on?
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SleepTrader
· 6h ago
The Canadian dollar has risen again, but factory data is disappointing... Something's not right.
Interesting move in the FX markets right now. The Canadian dollar just hit its highest point in five months, which is pretty solid. But here's the thing—factory sales came in weaker than expected. That's a mixed signal if I've ever seen one. Usually you'd expect currency strength to reverse when manufacturing data disappoints. Shows the market's positioning ahead of what could be significant policy shifts. Worth watching how this plays out over the next few weeks, especially if we're seeing divergence between currency strength and economic fundamentals. Could have ripple effects on commodity-linked assets and risk sentiment across markets.