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Germany's unemployment exceeds expectations in September

Swedish economic sentiment indicator rises in November

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. House prices increase slightly in July

U.S. weekly jobless claims unexpectedly decrease

Canada's economy shows growth in July, but growth stalled in

U.S. personal income and spending rose less than expected in August

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Swiss franc likely to gradually depreciate against euro in coming months

Australian economic growth recovers strongly in Q3 2020

Philippine central bank keeps interest rate unchanged at 2 pct

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Canadian inflation continues to ease, moving closer to the Bank of Canada's target

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U.S. Consumer Confidence falls in September

U.S. vehicle sales fall again in November

U.S. durable goods orders sustain robust growth

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USD/CAD sustainably higher in long term

Tuesday, August 11, 2015 3:52 AM UTC

As we enter 2016, a gradual and modest pullback is expected in USD/CAD from a peak in Q3/Q4.

By then, the trends that have driven the pair higherare expected that they should unwind somewhat.

"Oil prices are anticipated to recover more significantly (RBC forecasting WTI USD72/bbl in 2016), the benefits of a weaker currency should show more clearly in exports and non-energy capital investment, and US/CA monetary policy should stabilise", says RBC Capital Markets.

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USD/CAD sustainably higher in long term

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