Canada and the US discussing tariff relief deal
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Scotiabank | Bullish | 1.40 |
Bank of America | Bullish | 1.35 |
UBS | Bullish | 1.34 |
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The Globe & Mail is out with a somewhat optimistic report on the Canadian trade situation and, in turn, the Canadian dollar. It highlights trade negotiations that are currently ongoing between the US and Canada, and appear to be in the final stretch. It says: Canada would address
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