CAD should continue to outperform - TDS

Sandeep Kanihama FXStreet Contributor

In view of analysts at TD Securities, CAD should continue to outperform its dollar bloc peers but they are mindful of key upcoming data.

Key Quotes

“Of note, we think GDP later this month will be instrumental in shifting expectations for central bank tightening. For now, October looks most likely in our view and disappointment on growth data will magnify positioning risks - particularly in USDCAD.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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