Cross-border travel from Canada to US just flipped positive for the first time in 15 months.
This matters for:
• Retail spending data (more tourists = more consumer activity)
• Macro sentiment shift (people traveling again = confidence returning)
• USD strength vs CAD potentially stabilizing
Watch consumer discretionary stocks and travel/hospitality plays. When foot traffic normalizes, spending follows. Not directly crypto, but macro liquidity signals matter for risk-on assets like $BTC and alts.
If travel trends continue up, expect Fed to stay hawkish longer. Tighter policy = less liquidity = choppier crypto markets short-term.
This matters for:
• Retail spending data (more tourists = more consumer activity)
• Macro sentiment shift (people traveling again = confidence returning)
• USD strength vs CAD potentially stabilizing
Watch consumer discretionary stocks and travel/hospitality plays. When foot traffic normalizes, spending follows. Not directly crypto, but macro liquidity signals matter for risk-on assets like $BTC and alts.
If travel trends continue up, expect Fed to stay hawkish longer. Tighter policy = less liquidity = choppier crypto markets short-term.