My fellow Canadians, I wish I had a better yearly forecast for the USD/CAD pair for 2023. However, a few recent technical events support my skepticism about CAD strength this year and possibly beyond. Let’s have a closer look from different angles.
Previous USD/CAD Analysis:
This analysis is part of the @InvestingAngles Series that covers US and global Indices, Volatility, Bonds, Cryptocurrencies, Commodities, Currencies, and some Large Cap stocks.
Bonds/Yield Long Term Forecast (open, no subscription):
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