{"id":156969,"date":"2023-09-16T07:31:12","date_gmt":"2023-09-16T02:01:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156969"},"modified":"2023-09-16T07:31:12","modified_gmt":"2023-09-16T02:01:12","slug":"usd-cad-could-still-end-the-year-close-to-1-30-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-cad-could-still-end-the-year-close-to-1-30-scotiabank-crypto-news\/","title":{"rendered":"USD\/CAD could still end the year close to 1.30 \u2013 Scotiabank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The Canadian Dollar (CAD) has been unable to resist the broader USD advance since mid-year. Economists at Scotiabank analyze Loonie\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">Undervalued CAD looks for reasons to rise<\/h2>\n<blockquote>\n<p>The CAD is trading well below our forecast levels for Q3 but the currency looks undervalued from a fundamental point of view and the risk of more tightening from the BoC before year-end is perhaps higher than markets are pricing at present.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The CAD could still end the year close to 1.30.<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD\/CAD \u2013 Q3-23 1.30 Q4-23 1.30 Q1-24 1.27 Q2-24 1.27<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Canadian Dollar (CAD) has been unable to resist the broader USD advance since mid-year. Economists at Scotiabank analyze Loonie\u2019s outlook. Undervalued CAD looks for reasons to rise The CAD is trading well below our forecast levels for Q3 but the currency looks undervalued from a fundamental point of view and the risk of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":16318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,498,256,254],"class_list":["post-156969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdcad","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=156969"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156969\/revisions"}],"predecessor-version":[{"id":156970,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156969\/revisions\/156970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/16318"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}