UBS Sees Selling The Downside in US Dollar-Canadian Dollar Exchange-March 2024-www.financetom.com

UBS Sees Selling The Downside in US Dollar-Canadian Dollar Exchange

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UBS Sees Selling The Downside in US Dollar-Canadian Dollar Exchange

Jun 6, 2025 5:30 AM

08:05 AM EDT, 06/06/2025 (MT Newswires) -- Following the small dip in USDCAD, UBS said it likes selling downside in the pair below 1.35.

The bank sees downside risks contained in the short run.

However, UBS notes that this is only a short-term idea and it wouldn't like to extend the tenor beyond one month given trade-related uncertainties.

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