USD/CAD should remain in the 1.36-1.39 range in the first half of 2023 – NBF – by MSalordFX USDCAD Banks Currencies
“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“USD/CAD should remain in the 1.36-1.
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