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Canadian dollar to reclaim the U.S. 75-cent mark by year-end, analysts say [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
3 min read In this article: The Canadian dollar is set to march higher against America's currency in 2026, reaching 75 cents U.S. by year-end. That's the latest take from economists and foreign exchange (FX) strategists who see the expected rate paths of the Bank of Canada and the Federal Reserve as the clearest signals in the fog of a trade war. The currency pair ( CADUSD=X ) saw a volatile start to 2026. In January, the loonie slumped against its U.S. counterpart as surprisingly robust U.S. economic data raised bets that the Fed could remain on hold for longer. Then, U.S. President Donald Trump rattled this trajectory with his threats against Greenland, and open challenges to the Fed's independence “The currency moved to where we thought it would by mid-year a lot faster than we thought we'd get there,” TD Bank economist Andrew Hencic told Yahoo Finance Canada in a recent interview. “We're still of the view that our 74-to-75 cent target by year-end is reasonable.” At Show less Read more
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