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USD/CAD: Running On Empty; Where To Target? – CIBC

The Canadian dollar has recorded gains in recent months against a sluggish US dollar. What is the outlook for USD/CAD at the end of Q3 and at year-end? Here is their view, courtesy of eFXdata: CIBC Research adopts a bullish bias on USD/CAD, targeting the cross at 1.37 by end of Q3 and 1.38 by year-end. […] The post USD/CAD: Running On Empty; Where To Target? – CIBC appeared first on Forex Crunch.

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