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CAD typically does well in July but has struggled badly in recent years in August – SocGen

The Canadian Dollar was among the best three currencies in G10 in the first half of the year. Economists at Société Général analyze USD/CAD outlook.

CAD to enjoy a gradual appreciation to 1.28 against the USD over 12 months

We remain upbeat on the outlook for the CAD and forecast a gradual appreciation to 1.28/USD over 12 months. 

The Canadian Dollar typically does well in July but has struggled badly in recent years in August.

See – USD/CAD: Drop unlikely to continue – MUFG

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