Canadian Dollar Gains on Jobs Jump

The video discusses the rise of the Australian dollar due to increased exports to China and the Canadian dollar's boost from unexpected job growth. It highlights the need for continued monetary stimulus in Canada and anticipates Chinese inflation data. The Australian dollar is expected to be the most reactive currency, with attention also on the Taiwanese dollar. Inflation and producer prices are forecasted to change, impacting currency movements.

What is the primary reason for the rise in the Australian dollar?

• Increased exports to China

• Decrease in Chinese imports

• Fall in global oil prices

• Rise in Australian interest rates

What unexpected economic event helped the Canadian dollar?

• Increase in oil prices

• Decrease in exports

• Unexpected job growth

• Rise in inflation

What did Central Bank Governor Stephen Poloz indicate about the Canadian economy?

• It is overheating

• It needs more monetary stimulus

• It is in a recession

• It is fully recovered

Which currency is expected to be most reactive to the upcoming Chinese inflation data?

• South Korean Won

• Japanese Yen

• Australian Dollar

• Indian Rupee

What is the forecasted change in Chinese CPI?

• 1.6% increase

• 3.0% increase

• 2.5% increase

• 0.5% decrease