Canadian Dollar Expected to Strengthen to 1.36 Against USD Over Next 12 Months, Reuters Survey Shows

CAD-15.87%
According to a Reuters survey conducted in July, the Canadian dollar is expected to appreciate 4.3% over the next 12 months, reaching 1.36 against the U.S. dollar, up from the June forecast of 1.34. For the next three months, the CAD is projected to strengthen 1.3%, reaching 1.40 per U.S. dollar, compared to the prior month's estimate of 1.37.
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