USD/CAD to move downward to 1.255 by year-end – BofA
Share: Will USD/CAD eventually fall in 2023? Economists at Bank of America Global Research expect the pair to dive towards 1.25 by the end of the year. USD/CAD Q1 forecast remains at 1.32 “We maintain our downtrend USD/CAD forecast for the year despite the Bank of Canada rate hike pause.” “We believe the […]
Morgan Stanley cuts year-end dollar forecast By Reuters
© Reuters. FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego, California September 24, 2013. REUTERS/Mike Blake/File Photo (Reuters) -Morgan Stanley cut its 2023 year-end forecast for the to 98, and expects the greenback’s weakness to be more pronounced against the euro this year as worries […]