Saturday , 18 January 2025
Home Forex USD/CAD: Undervalued for the time being – Scotiabank
Forex

USD/CAD: Undervalued for the time being – Scotiabank

Weaker stocks tugged the Canadian Dollar (CAD) a bit lower yesterday and remain a risk for the currency in the near term as China and rising yields weigh on sentiment, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Greenland, Canada and the Panama Canal: What is the real plan here?

Here is my base case.Greenland:This is a real pet project of Trump's....

Trend Continuation Factor and Hurst Exponent Forex Trading Strategy

The Trend Continuation Factor and Hurst Exponent Forex trading strategy is a...

Gold prices dip in face of strengthening US Dollar

Gold's price dropped late in the North American session, but it is...

Mexican Peso surges as traders eye next week’s inflation data

The Mexican Peso (MXN) stages a recovery after weakening to a new...