TD Securities: buy USD/CAD
Strategists at TD Securities recommend buying USD/CAD at the current lwo levels. They expect the USD/CAD to regain its bullish tone in the months ahead.
"From a trade perspective, we are quite comfortable with the risk/reward at the current spot rate, and will buy at these levels targeting 1.0600, and risking 1.0215", they say.
Chart. Daily USD/CAD