Foreign investors will consider this as a step from the government to level the field for foreign competition and free capital for more efficient use. But it is a tricky situation now. The currency will move to a spot lower if the news is considered a negative for growth.

217

If you're bullish on the global economy over the next couple of years, you have to think the CAD is going to be a major beneficiary.

164

Obviously, our prayers are with (Robinson) regardless of all the other issues.

161

The details are slightly less robust than the headline, but this is nonetheless a dollar-positive report.

151

There is probably upward momentum in the short term for energy prices, and in that environment, the Canadian dollar should do reasonably well.

137

If the data had been negative then maybe [traders] would have kept selling the dollar, but the data were neutral.

133

I think that the dollar is struggling to keep the ground that it clawed back overnight. The euro doesn't seem to be having any key direction.

112

The report will keep the Bank of Canada anxious about the inflationary threat it has allowed to build due to its easy policy stance in 2005.

102