USD/CAD seen reaching 1.34 by year-end – ANZ

Notícias do Mercado

27 setembro 2023

USD/CAD seen reaching 1.34 by year-end – ANZ

Softer economic data weighed on the CAD over the latter part of Q3, but higher Oil prices and a resilient labour market saw it recover on most crosses, especially against the EUR and GBP. Economists at ANZ Bank analyze Loonie’s outlook.

CAD: Still room for upward momentum

Higher Oil prices should support the CAD on an intraday trading basis – especially against the currencies of energy importer countries, like the JPY, EUR and GBP.

We see the USD/CAD pair reaching 1.34 by the year’s end.

EUR/JPY Price Analysis: No changes to the consolidative theme

Mexico Trade Balance s/a, $ fell from previous $0.532B to $-0.131B in August

O foco de mercado

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Abrir Conta Demo e Página Pessoal

Área pessoal

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.

Política de privacidade