USD/CAD scope for further gains through 1.47 In Q2 – Barclays

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The Canadian dollar was the top performer today, knocking USD/CAD down to 1.4194
Barclays Research discusses USD/CAD outlook and
“The loonie has taken a severe hit from the COVID-19 pandemic, which
has led markets to hoard USD amid the imminence of a global recession
that will affect the Canadian economy through a number of channels. Oil