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CAD review

The loonie remained camped near elevated levels against the greenback but below last week's January high. It's been a better month for the northern economy thanks to upbeat outcomes on hiring, inflation and retail spendi…

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The loonie remained camped near elevated levels against the greenback but below last week's January high. It's been a better month for the northern economy thanks to upbeat outcomes on hiring, inflation and retail spending. 

The better news on the economy has backed central bank expectations of faster growth over the coming year. Consequently, odds of a rate cut have receded markedly, giving the loonie more room to the upside.

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