CAD weakness overdone in the near-term - MUFG


USD/CAD up 26 pips to 1.2798 today For bank trade ideas, . MUFG Research discusses CAD outlook and "Renewed concerns over the global outlook reinforced recent weakness in the Canadian dollar yesterday as USD/CAD rose sharply to an intra-day high of 1.2896 moving back closer to last month's high of 1.2949. Over the last three months .

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