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Canadian Dollar: CPI weighs on outlook against US Dollar – TD Securities

Reported · Written up by our desk · Major Pairs

TD Securities strategists see limited scope for a sustained Canadian Dollar (CAD) rally after softer-than-expected September inflation data, despite hawkish signals from the Bank of Canada (BoC). They expect the next BoC rate hike in Q1 2027 and favour fading CAD strength through CAD/MXN.

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FXStreetCanadian Dollar: CPI weighs on outlook against US Dollar – TD Securities

Forex

Canadian Dollar: CPI weighs on outlook against US Dollar – TD Securities

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Sources

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