What is the USD to CAD forecast for the next 6 months?

The USD to CAD forecast for the next 6 months is that the USD to CAD rate will decrease by -1.86% and hit $ 1.335484. 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.

What is the forecast for USD/CAD in April 2023?

It anticipates a USD/CAD trading range of 1.353 to 1.395 in April 2023, with a close at 1.374. Long, medium and short-term U.S. dollar to Canadian dollar forecasts are shaped by current conditions and the available data. They can be adjusted at any time, in response to newly released market sensitive information.

What happened to the USD/CAD pair in 2021?

After bottoming in May 2021, the USD/CAD pair gradually climbed up, crossing US$1.28 per dollar several times in the second half as the US dollar strengthened against the weaker CAD. The CAD briefly strengthened against the USD in October at 1.23 per US dollar, before gradually spiking to hit 1.29 per dollar in December.

What is the FXstreet forecast poll about USD/CAD (US dollar vs Canadian dollar)?

The FXStreet Forecast Poll about USD/CAD (US Dollar vs Canadian Dollar) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price.