In view of Richard Franulovich, Research Analyst at Westpac, USD/CAD likely ambles sideways into 2018, and 1.26-1.30 is likely going to be the range but as growth continues to forge ahead, BoC confidence that the economy can weather more hikes will increase.
Read Full Story at source (may require registration)
Latest posts by CAD Editor (see all)
- USD/CAD jumps to six-week high after soft retail sales and CPI - October 19, 2018
- CAD: Will need an ultra-hawkish BoC message to drive the loonie higher – ING - October 19, 2018
- Boost for Traders in Commodity Currencies: Aussie, CAD, New Zealand - October 19, 2018