Bank Forecast 2015 for Canadian and US Dollar
As you can see, the Canadian banks are all over the place when it comes to the Canadian dollar forecast. Some are forecasting the Canadian dollar to go higher, while others are forecasting the Canadian dollar to go lower.
| Bank Currency Forecast | 2015 USD/CAD | 2016 USD/CAD | |
| Scotia Bank | 1.33 | 1.30 | |
| RBC Bank | 1.33 | 1.29 | |
| BMO Bank | 1.26 | 1.20 | |
| CIBC Bank | 1.28 | 1.24 | |
| TD Bank | 1.30 | 1.18 | |
| National Bank | 1.27 | 1.25 |
* Updated February 7, 2015
Most of the banks provide a Canadian dollar currency exchange forecast. However, take it with a grain of salt as they can be right just as often as they are wrong. Often, the forecasts are updated after the currency has moved so you have to watch the dates carefully.
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