The Canadian dollar continues to rally against the US dollar as global bond prices slide and oil prices soften after the surge from the Israel-Hamas war. The North American growth exceptionalism story has seen both the US and Canadian excel. Both countries posted robust payrolls data but the outlook for further tightening by the Fed and BOC are easing. The US dollar has weakened for a fifth straight session, which would be the longest losing streak since July. The Canadian dollar saw price action respect the 1.3800 level and if yields continue to slide, it seems further loonie strength could persist. The USD/CAD ... (full story)