ANZ predicts that the USDCAD currency pair, currently at 1.35301, is likely to decrease to 1.34 by the end of the year.

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ANZ predicts that the USDCAD currency pair, currently at 1.35301, is likely to decrease to 1.34 by the end of the year.

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    Softer economic data weighed on the CAD over the latter part of Q3, but higher Oil prices and a resilient labour market saw it recover on most crosses, especially against the EUR and GBP. Economists at ANZ Bank analyze Loonie’s outlook.

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