Canadian Dollar Rises After Reports PM Trudeau Could Resign
The Canadian dollar was rising following media reports that Canada's Prime Minister Justin Trudeau could announce he will resign, potentially as early as Monday. The appreciation is modest, however, compared with the currency's sharp depreciation in December,
Rise in Canadian dollar is not tied to PM exit news: Strategist
Canadian Prime Minister Justin Trudeau is expected to announce his resignation live on Monday. As this news breaks, the Canadian loonie (CAD=X) is trending higher. TD Securities Global Head of FX and EM Strategy Mark McCormick joins Catalysts to analyze the currency's movement.
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