Jack Spitz Canada Quotations

Model names and momentum accounts are looking at buying Canada and (International Money Market futures) names are on it already.

There's been corporate support for dollar/Canada all the way down here. Model funds, momentum types, technical traders are still looking at buying the Canadian dollar even above 88 cents.

The number underscores economic strength in the country. Bank of Canada may continue its hawkish stance. This is supportive to the Canadian dollar.

I'm looking for dollar/Canada to trade within the well-defined C$1.1370-C$1.15 range ahead of the tier-one economic releases that are out this Friday.

Canada looks to be a buy not only against the U.S. dollar but the euro as well.

I do see the Bank of Canada looking to raise rates, and the converging yield curve between Canada and the United States will continue to underpin the Canadian dollar.