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Reuters Survey: Canadian Dollar Expected to Appreciate 1.4% in Next 3 Months

On June 4, a Reuters survey indicated that the Canadian dollar is expected to appreciate by 1.4% over the next three months, reaching 1.37 CAD per USD (compared to the May survey expectation of 1.3667). It is anticipated that the Canadian dollar will appreciate by 3.7% over the next 12 months, reaching 1.34 CAD per USD (compared to the May survey expectation of 1.3433).

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