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CAD is, quietly, the top G10 currency this month. Economists at Société Générale analyze USD/CAD outlook.
The top G10 currency in June is the Canadian Dollar. It tends to do well when Fed rates peak, and while the outlook for Fed Funds is cloaked in plenty of uncertainty, we’re in the final stage of this tightening cycle.
With the FOMC still warning of further hikes and wildfires likely to affect Canadian growth data, the fall back to the mid-1.20s won’t be in a straight line, but we think that’s where we are heading.
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。
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