- CAD fundamentals sound and firms are optimistic (even before USMCA deal) given the latest BoC survey.
- Given Higher
USOIL prices will push a solid ground to prevent downside risks. 
USDCAD will remain sensible and volatility will work in our favor.- These factors will move CAD key rate higher.
- Institutional consensus is USD flat since all rates are priced and no new inflation data surprise is expected.
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