October 2017 Analysis

Currency Forecast - CAD: Modest Upside Ahead - OCT 2017

The Canadian dollar is due to take a breather following a significant rally versus its US counterpart since mid-2017. However, we see modest further upside over 2018 and 2019 as oil prices continue to head up and Canadian monetary policy tightens more aggressively than is currently anticipated by rate markets.

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