“The Canadian dollar is seen as a commodity currency and metal prices have been going up across the board, commodity prices are up.”
“The dollar stopped firming, and combined with high metals prices this has been conducive to a stronger rand.”
“Why it's always like there's no 'goregrind', 'doom metal', 'sludge metal', 'folk metal', 'atmospheric black metal' albums in 'top 10 metal albums' list?”
“If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.”
“It's notable that CAD has participated less in the gains against the U.S. dollar than most currencies have seen.”
“Given the increased correlation between base and precious metals over recent months, any further weakening in base metal prices would be a distinct drag on gold.”
“We are expecting a reasonably soft number, which could undo some small dollar gains we have seen against European currencies.”
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