Transcription of Forex - January 2022 - NBC
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Forex - January 2022 - NBC
1 Economics and Strategy Forex January 2022 Highlights By St fane Marion/Kyle Dahms The dollar has had an excellent 2021, gaining ground on most major currencies. With the Federal Reserve about to embark on a slightly more aggressive pace of monetary policy normalization than was anticipated a few months ago, some market observers believe the dollar will continue to appreciate. We are not so sure. In our view, with the Fed's net asset purchases about to end by March, we could see a more rapid rise in long-term interest rates.
CAD: Back to 1.20 by Q2 2022? of the population is fully vaccina The Canadian has been battered in recent weeks. After rising above 1.29 at the end of December 2021, USD/CAD has fallen back below 1.27 (chart). We still expect the loonie to appreciate further in the coming months. For one, global manufacturing production continues
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