Irrational CAD sentiment
With the recent rise in commodities, there has been optimism in the CAD (due to its association w/ oil), but I believe this is a false signal. Canada is in a recession at the moment (shown by job numbers and retail sales). Lockdowns are incoming. As a result, I think this is a bull trap. I expect a huge selloff when exuberance is replaced by fear. Remember I am not your financial advisor.
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