USD/CAD to ease toward 1.30 by year-end – Scotiabank USDCAD RiskAppetite InterestRate Banks
We anticipate the peak in the global tightening cycle will give risk appetite a broad lift in the months ahead, which should add to CAD tailwinds.
We anticipate some modest improvement in the CAD versus the USD over the second half of the year and continue to target USD/CAD easing to 1.30 by year-end. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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