USD/CAD SHOULD REMAIN IN THE 1.36-1.39 RANGE IN THE FIRST HALF OF 2023

avatar
· 閱讀量 38



Analysts at the National Bank of Canada see the USD/CAD moving in the 1.36-1.39 range during the next months, before the Loonie makes a comeback. Their year-end target is 1.32 for the pair. 


“The Canadian dollar remains relatively weak against the greenback, as it continues to hover near its cyclical high. While many investors fear a tightening of global credit conditions, some believe that Canadian banks could face a very difficult environment due to their exposure to residential real estate in a much higher interest rate environment. Combined with weakening commodity prices, the short-term outlook does not support a stronger loonie.”


“USD/CAD should remain in the 1.36-1.39 range in the first half of 2023, before making a comeback in the second half of the year when more central banks finally end their tightening cycle.”

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest