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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.
In this week’s episode, we discuss background issues and pertinent details regarding this week’s virtual meeting of G20 finance ministers and central bankers. We give our latest views on the US dollar, euro, Canadian dollar and Chinese renminbi.
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