What is TD Economics' USD/CAD forecast for 2022?

For its USD/CAD forecast for 2022, TD Economics estimated the currency pair to trade at 1.27 in the third quarter of this year, dropping 1.24 per dollar in the fourth quarter. USD/CAD was expected to rise to 1.26 in the first quarter 2023, 1.28 in the second quarter, and 1.30 in the third quarter before dropping slightly to 1.29 per dollar.

Will USD/CAD go up in 2022?

The USD/CAD should have a good year with a target range of 1.3000 to 1.3500. Dollar-Canada will come in second to the greenback in 2022, but it should be ahead of everything else. Gregor Horvat projects a possible bullish correction for the Canadian dollar/US dollar pair on his Elliott Wave analysis:

What is the USD/CAD forecast for 2025?

In its USD/CAD forecast for 2025, the service projected the currency pair to drop to 1.198 a dollar in December 2025, falling to 1.131 in August 2027. Wallet Investor did not provide USD/CAD forecasts for 2030.

What is ing's USD/CAD forecast for 2023?

In its USD/CAD forecast for 2023, ING expected the currency pair to trade at 1.22 in the first quarter of 2023, steadying to 1.21 in the second and third quarter, before rising to 1.22 in the last quarter of 2023. In 2024, the USD/CAD was estimated to trade at 1.22 in the first quarter of 2024 and close the year at 1.25.