EUR/USD to finish the year around 1.13 – TDS

Economists at TD Securities share their Global FX forecasts.

USD/CAD to reach 1.30 and break lower next year

We have updated our Global FX forecasts, downgrading the USD profile with some emphasis on the EM side. 

We still look for EUR/USD to finish the year around 1.13 and USD/CAD to reach 1.30 and break lower next year. 

We look for continued Latam strength in H2 and a supportive backdrop for EM Asia. We notched up our USD/JPY profile, though, now looking for year-end at 134.