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FX Desk

Canadian Dollar: Bearish trend targets 1.4125 – Scotiabank

By FXStreet

Canadian Dollar: Bearish trend targets 1.4125 – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Canadian Dollar (CAD) is marginally weaker versus the US Dollar (USD), with USD/CAD at its highest since late July. They stress wide yield spreads and typical negative Q4 seasonality as key headwinds for CAD.

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Source: FXStreet