It’s got everybody on their heels. Most people are short the U.S. dollar.

As a result of this, people are calling for one or two more Fed moves. The dollar is going to be a little bid on this one.

It’s got everybody on their heels.

People are falling out of love with the dollar. The U.S. data was on the disappointing side. That doesn’t help.

Any weakening of the Canadian dollar represents a chance to buy more of the currency.

The stock market declines are a little bit scary. People want to take the dollar weaker.

A conservative government tends to have a lower tax, less spending and small government. Financial markets generally approve of these things. So a majority conservative government is beneficial to the Canadian dollar.

I’m still looking for places to sell the dollar. We’re assuming that the Fed is nearing the end of its tightening cycle. That’s a reason to sell dollars.

It’s hard to like the euro,

We are seeing a lot of new buying of the Canadian dollar. The central bank continues to tighten and everyone is talking about the election. We expect continued strength in the Canadian dollar.

It’s hard to like the euro.

I don’t think this is a bearish report because average hourly earnings are ticking up significantly, … That is obviously a direct driver of inflation.

We are seeing a little retraction. Some people took profits by selling the Canadian dollar and buying euros.

Obviously, a little more tepid than what markets were expecting.

Although the dollar rallied earlier, we still have some support levels that weren’t broken.

That is obviously a direct driver of inflation.

A lot of this is contingent on the Bank of Canada statement.

The ISM manufacturing number was really stronger than expected. Obviously we’ve seen a sell-off in the U.S. bond market. As a result of this, people are calling for one or two more Fed moves.