INVESTINGLIVE
The Canadian dollar is thinking about a breakout despite the rout in oil prices
USD/CAD — All Desk Targets
25 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 1.35 |
UBS | Bullish | 1.34 |
Rabobank | Bullish | 1.36 |
From the original
The Canadian dollar is the top-performing G10 currency today as it plays catch-up to the positive momentum in risk assets this week. USD/CAD is down 56 pips on the day to 1.4005. The drop brings some notable levels into play, starting with the big figure. Below that are a pair of