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What is tradingeconomics forecast for CAD & CAD?

TradingEconomics expected the CAD to be priced against the USD at 1.29 by the end of this quarter, and looking ahead, the USD/CAD forecast will rise to 1.34 in 12 months. In addition to the USD/CAD forecast, the data provider gave price targets for EUR/CAD, GBP/CAD, and AUD/CAD.

What is the forecast for CAD to USD in 2025?

The forecast for CAD to USD in 2025 is that the exchange rate will be $ 1.479137 2 years from now. This would be 8.70% higher than the current exchange rate. How to read and forecast USD to CAD price movements?

Why does the USD appreciate compared to the CAD?

On the other hand, when interest rates in the US are higher than those in Canada, the USD typically appreciates relative to the CAD. This is because higher interest rates in the US make the USD more attractive to investors looking to earn higher returns.

What is the USD to CAD exchange rate forecast?

The USD to CAD forecast for the next 1 year suggests that the USD to CAD exchange rate will see a -0.47% fall in the next year, resulting in a rate of $ 1.354283. The USD to CAD forecast for the next 5 year indicates that the USD/CAD exchange rate will be $ 1.601949 5 years from now. This would be a 17.73% decrease compared to the current rate.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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