CAD poised to gain versus USD The Canadian Dollar has lagged other G10 currencies despite a softer US Dollar tone. CAD fundamentals are stronger, with a fair value estimate for USD/CAD around 1.3930. Technicals suggest scope for further downside in the pair
CAD poised to gain versus USD
The Canadian Dollar has lagged other G10 currencies despite a softer US Dollar tone.
CAD fundamentals are stronger, with a fair value estimate for USD/CAD around 1.3930.
Technicals suggest scope for further downside in the pair, with the CAD better positioned to reverse its May/June decline.
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