Sunday , 23 February 2025
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CAD steadies but retains a weak bias – Scotiabank

The Canadian Dollar (CAD) is little changed in overnight trade. Factors driving the CAD lower this week have moderated and the USD remains quite significantly overvalued relative to my short-term equilibrium estimate (1.4280 today), Scotiabank’s Chief FX Strategist Shaun Osborne reports.

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