Barclays: Invest in USD/CAD on Weakness as Canadian Dollar Expected to Lag Behind
According to Barclays, it may be a good time to buy USD/CAD on dips, as the Canadian dollar is predicted to underperform in the near future. Barclays suggests that investors should take advantage of any potential weakness in the Canadian dollar by investing in the US dollar against it. The bank believes that the Canadian dollar may struggle to keep up with other currencies, making USD/CAD a potentially profitable investment option.