What's your view on the loonie for the next month?

A monthly standing thread for CAD views. Oil and the Bank of Canada share the wheel, and inflation readings from both sides of the border keep the pair busy.

What's your view on the loonie for the next month? — risk-reward diagram
A risk-reward ratio of 1 to 2

Share:

  • your view and reasoning
  • how oil is feeding your CAD read
  • the data that would change it
What's your view on the loonie for the next month? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: Canada's CPI and the Bank of Canada.

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