CAD hit from all sides; targeting USD/CAD 1.46 In Q2 – MUFG

Canadian dollar will continue lower
MUFG Research discusses USD/CAD outlook and
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As one of the central banks in the G10 space that was slower to ease
ahead of the COVID-19 crisis, it therefore became more aggressive than
most in terms of rate cuts – the BoC cutting 150bps in March. Not only
that but CAD