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Video: The case for a Canadian dollar comeback in the second half of the year
USD/CAD — All Desk Targets
23 desks
| Firm | Stance | YE 2027 |
|---|---|---|
Goldman Sachs | Bullish | 1.35 |
Citi | Bearish | 1.43 |
MUFG | Bullish | 1.34 |
From the original
USD/CAD started the year at 1.37 and has risen to 1.42. I expect we round trip. The USMCA negotiations are top of mind right now but the ‘ask’ side from the US is manageable and I see plenty of signs of confidence on the Canadian side. There will be some token concessions but – a
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