Canadian banks remain bullish, despite CAD weakness


Several G-10 currencies took dramatic changes of course during May, with the sharp fall in EUR/USD from 1.32 to 1.23 between May 1 and May 31 ranking as the top concern for many currency traders. But the Canadian dollar also took a turn for the worse. Having strengthened steadily during the first four months of the year, USD/CAD rose from 0.99 on May 1 to reach 1.04 on May 31, according to data from Thomson Reuters.

Canadian banks are not concerned by the recent weakness in the Canadian dollar

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: