#Latest news with #C$Bloomberg07-05-2025BusinessBloombergTraders Most Bullish Loonie Since 2009 as Carney, Trump MeetTraders in the roughly C$28 billion ($20 billion) derivatives market are the most bullish on the loonie in 15 years as Prime Minister Mark Carney and President Donald Trump met for the first time since Carney won the premiership. One-month risk reversals on the Canadian dollar — a key gauge of trader sentiment based on the spread between call and put options — stand at more than eight basis points in favor of the loonie, the most bullish level versus the currency's US counterpart since late 2009.
Bloomberg07-05-2025BusinessBloombergTraders Most Bullish Loonie Since 2009 as Carney, Trump MeetTraders in the roughly C$28 billion ($20 billion) derivatives market are the most bullish on the loonie in 15 years as Prime Minister Mark Carney and President Donald Trump met for the first time since Carney won the premiership. One-month risk reversals on the Canadian dollar — a key gauge of trader sentiment based on the spread between call and put options — stand at more than eight basis points in favor of the loonie, the most bullish level versus the currency's US counterpart since late 2009.