Global Exchanges

EURCAD at 1.50 and Still Normalizing


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In this episode we discuss the recent move down to 1.50 in the EURCAD exchange rate and the fundamental drivers that we think are behind it. We also discuss this week’s ECB and BoC policy meetings. We give our outlook for the two central banks’ policy paths through the end of the year along with our outlook for EURCAD.

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Global ExchangesBy BMO Capital Markets

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