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Canadian dollar trying to catch up with greenback. Forecast as | LiteFinance

Canadian dollar trying to catch up with greenback. Forecast as of 14.04.2021

Leaders don't just become leaders. The Canadian dollar has many advantages, and if it manages to use them correctly, the USDCAD downtrend will be able to recover quickly. Let us discuss the Forex outlook and make up a trading plan

Fundamental Canadian dollar forecast for six months

Strong demand for Canada's rich natural resources, attractive local bond yields, and proximity to the US economy, which will help recover positions of the Canadian export market, made the Loonie one of the race leaders for the title of the best-performing G10 currency in 2021. Unlike the greenback, whose positions will be very volatile this year, the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/6ISc