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USD/CAD to reach the 1.42 in mid-term

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  • USD/CAD to reach the 1.42 in mid-term
November 21, 2024

By FXStreet

“That said, given two main drivers we outline below, we now expect further extension to the upside with USD/CAD likely to reach 1.46 next year, just shy of the highs from 2016 and 2020.We have seen a decrease in USD/CAD correlations of late but fully expect a resumption of interest rate differential driven moves in 2025.”

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1 Comment

  1. Rick Mills says:
    November 21, 2024 at 7:18 pm

    #USD #CAD #interestrate

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