💱US Dollar/Canadian Dollar FX Spot Rate
USDCAD
± MixedMonetaryrelevance
Scotiabank strategists note CAD range holds against USD driven by front-end rate differentials, with Fed and BoC in focus.
Impact on assets 1
Others
Scotiabank strategists Shaun Osborne and Eric Theoret say the Canadian dollar is broadly stable around 1.41 against the US dollar, with performance driven mainly by front-end rate differentials despite support from stronger oil prices.
Scotiabank strategists note CAD range holds against USD driven by front-end rate differentials, with Fed and BoC in focus.