www.varchev.com

Forecast of the largest banks in the development of USD/CAD to the end of 2017

Rating:

12345
Loading...

The chart presents the projections of some of the biggest banks on how to develop the USD/CAD. As seen moods are an increase in the currency pair.

Blue is show the forecast of JPMorgan, which is the most daring of the first months of 2017, expecting to peak price is at levels around 1.4100. In the third quarter the bank expected a decline to 1.4000, and at the end of the year, expect the pair to move around 1.3800.

With red color the chart show us forecast of Bank of America and Merrill Lynch (BAML). Bank predicts steady growth in each of the quarters at the end of the second quarter expected price of 1.3600 at the end of Q3 see the price around 1.3700, and at the end of the year, expect 1.3900.

With the green color is depicted forecast of Credit Suisse Group, as they expected at the end of Q2 currency pair is at levels around 1.3500 at the end of Q3 is at levels around 1.3600 at the end of the year to levels around 1.3700.

With the pink line is depicted, Morgan Stanley forecast the development of the couple. By the end of Q2 the bank does not expect significant variation and predicted that the price will move around 1.3400. By the end of Q3 the bank expected to increase to 1.3600, while the year-end levels around 1.3700.

The purple line shows the forecast of Citigroup, which is expected by the end of Q2, falling to 1.3300 after the end of Q3 increased levels around 1.3400 at the end of the year the bank expects the pair to move around 1.3500.


 Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy