Canadian institutional investors cut USD exposure – Scotiabank
The Canadian Dollar (CAD) has picked up a little ground against the weaker USD on the session but gains are minimal and the CAD is underperforming its peers quite obviously, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. CAD marginally higher “On balance, the weaker USD, positive risk appetite and narrower US/Canada spreads should help give the…











