The George Davis Report: February 2026 Edition

USD at a Tipping Point

Don’t miss this month’s edition of the George Davis Report, where George discusses risks for the USD and associated implications for the Canadian dollar.

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By George Davis, CMT
Published | 1 min read

What you need to know:

1

Geoeconomic and geopolitical issues have roiled markets to kick off 2026.

2

This uncertainty has led to some sharp corrective moves in the various asset classes.

3

In FX markets, the USD has reached a critical juncture in terms of price and time.

4

With global investors unwilling to aggressively exit their US investments, hedging their USD exposure has become more paramount.

5

Our long-term correlation framework suggests that these hedging flows could be an important driver for USD/CAD direction.

For the trading range:

USD/CAD

Buyers

1.3450/1.3550

Sellers

1.3850/1.3950

Don’t miss out - Watch the video now.


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Our expert

George Davis, CMT
George Davis, CMT
Chief Technical Strategist, Fixed Income, Currencies and Commodities, RBC Capital Markets

 

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