USD and CAD to weaken vs. major European currencies over the next couple of months – BMO USDCAD Currencies BOC Fed Banks
pause to put near-term ceilings on the USD and CAD vs. the major European currencies over the next couple of months while central banks in the region pursue tighter monetary policies.”
“However, one of the biggest areas of uncertainty for the FX market is timing. There are near-term upside risks to the USD and CAD vs. European currencies if expectations for weaker economic growth in the region are brought forward, or if the USD deals with a persistent bid due to risk-off conditions in financial markets.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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