Canadian dollar futures showed resilience, clawing back 0.2% after morning weakness. Market strategists emphasize the need to watch spread movements against AUD and NZD, which have shown divergent patterns in the commodity-linked FX space. Canadian National Railway's estimated fair value is CA$123 based on 2 Stage Free Cash Flow to Equity Connect with a member of our expert FX team for more information about our products. Traders report light volume in Canadian dollar futures, as market awaits North American economic calendar catalysts. Speculative longs were trimmed, suggesting hesitancy despite favorable global equity performance this week.
