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Carney: Canadian assets have become an emerging mkts proxy

Carney: Canadian assets have become an emerging mkts proxy

Central Banks
Jamie Coleman
16/05/2011 | 17:00 GMT

No sh&*, Sherlock…

  • Major reserve holders may support CAD
  • Currency-market volatility may become excessive
  • CPI may exceed 3% short-term

Carney’s CPI remarks are giving the CAD a boost..

We’re at 0.9715 from 0.9750 before the remarks.

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