USD/CAD seen at 1.2900 in 12 months on less hawkish BOC - RTRS Poll

Dhwani Mehta FXStreet

The latest Reuters poll of straights showed on Thursday that a majority of them expect the Canadian dollar to drop in the coming months on the back BOC’s not so aggressive stance on further rate hikes.

Key Findings:

Reuters polled 50 FX strategists

USDCAD seen at:

1.2600 in a month

1.2770 in 3 months

1.2900 in 12 months

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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