The George Davis Report: February 2021 Edition

By George Davis
Published February 16, 2021 | 14 min watch

A monthly video series on the trajectory of the Canadian dollar

Don’t miss this month’s edition of the George Davis Report, where George fields questions from our winter interns pertaining to key macroeconomic themes that are impacting the trajectory of the Canadian dollar.

 

What you need to know

1

We discuss the challenges that will emanate from the policy initiatives of the Biden administration, particularly in the energy sector. {0:54}

2

Key CAD drivers are reviewed, along with developments that could result in a regime change that modifies the relative importance of drivers. {3:50}

3

We update our views on the timing of Fed and Bank of Canada policy actions, along with the implications for the USD and CAD. {7:11}

4

Important technical support and resistance levels are presented and discussed in the context of hedging strategies in the months ahead. {11:25}

Hedging Strategies:

USD/CAD

Buyers

1.2500/1.2600

Sellers

1.3000/1.3100

This video is part of our monthly George Davis Report series, with ad hoc reports brought to you as current.


George Davis

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


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