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Forex News CAD: A Couple Of 'Major Positives' For CAD; Where To Target? - SocGen

Peter

Active Member
Societe Generale FX Strategy Research expect modest CAD upside over the medium-term on the back are a couple of major positives for the Canadian dollar.

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The essential reason the FX market exists is to encourage the exchange of one currency into another for worldwide corporations that need to consistently exchange currencies. Notwithstanding, these day-to-day corporate necessities include just roughly 20% of the market volume. 80% of exchanges the currency market are theoretical in nature directed by enormous budgetary organizations, multi-billion-dollar hedge funds, and people who need to express their sentiments on the economic and geopolitical occasions of the day.
 

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