(BofA) – CAD: Reaching The Limits Of Appreciation: Where To Target? – (BofA)
What is the outlook for USD/CAD in 2021? Here is their view, courtesy of eFXdata: Bank of America Global Research discusses USD/CAD outlook and targets the pair at 1.26 in 1Q, rising to 1.29 in 3Q, reflecting (BofA)’s view that undershooting is set to reverse as 1H plays out. “We see limited downside potential in USD/CAD […]
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