Speculators’ Bull Bet on C$
Speculators play the major role in foreign exchange markets. This 2017 article shows the importance of speculators in reinforcing the causes of currency appreciation or depreciation.
What Determines the Value of the Loonie ?
The Globe & Mail reported that the value of the Canadian dollar fell on foreign exchange markets, after the Bank of Canada forecasted slower GDP growth and lower oil prices. This is a classic reaction of the Canadian dollar to changes in two of the main forces affecting exchange rates [...]