The Canadian dollar (CAD), represented by the symbol USDCAD at a value of 1.33528, is not expected to experience significant fluctuations due to its lower beta status. This trend is predicted to persist, according to CIBC.

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USDCAD Chart by TradingView

USD/CAD has not generated a lot of excitement of late. Economists at CIBC Capital Markets analyze the pair’s outlook.

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