US Dollar to peak and then weaken in 2023 – Citi DollarIndex Banks USDCAD Fed Growth
CAD to strengthen once broader USD strength wanes
“Positioning for dollar strength has become a crowded trade as investors seek out “safe haven” assets amid uncertainty. The US has large trade and fiscal deficits that should prompt softening over time.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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