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Thomson Reuters
Sep 12 - 09:48 AM
USD/CAD: Broadly Flat, Fluctuating In A Range Around 1.31 Into Year-End - Citi
First appeared on eFXplus on Sep 11 - 05:15 PM

Citi discusses USD/CAD outlook and expects a flat profile around 1.31 into year-end.

"Canadian data momentum and surprises have both picked up this month. This momentum serves to reassure the current tightening path with the next hike expected in October.

With the Fed largely priced as well, we forecast USD/CAD broadly flat in the next 0-3 months, fluctuating in a range around 1.31," Citi argues. 

Source:
Citi Research/Market Commentary

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