USD/CAD: a bounce for the Canadian dollar

0 435

USD/CAD: a bounce for the Canadian dollar

National Bank of Canada strategists are counting on the Canadian dollar's recovery after the Canadian dollar had its worst month in a year ago.

Key quotes

The 2% depreciation of the Canadian dollar against the US dollar in January was the worst monthly performance for Alkoni since December 2018.”

We remain suspicious of the need to push Canadian real interest rates into negative territory. If we are correct about Bank of Canada interest rates unchanged through 2020, that could give a boost to Lone thinking that markets are currently pricing in at least one rate cut before the end of the year. “


Seize the chance to earn real money instantly!
Take 4 simple steps along the path to success and financial independence
Open a trading account to sign up for MetaTrader 4
Beginner traders can start their career in forex Practice on a demo account
Download MetaTrader 4 - Powerful, reliable and proven trading platform
System requirements: Windows 7 and later versions
platform MetaTrader 4 for Android
System requirements: Android 4.0 and above, 3G/WiFi
platform MetaTrader 4 for iOS
System requirements: iOS 4.0 or later, 3G/Wifi
Deposit to your trading account through any convenient payment system
Great bonuses guarantee your confident start in trading
Bonuses are added ranging in size From 20% to 50% to your account every time you make a deposit
Related topics
التقيمات المضمنة
عرض جميع التعليقات