# Loonie could hit 76 cents U.S. by middle of next year: National Bank

> National Bank of Canada expects the Canadian dollar could reach 76 US cents by mid-2018. The page content is mostly site navigation and market-board template text.

- Date: 2017-05-15 · published 2017-05-15T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/71237-loonie-could-hit-76-cents-u-s-by-middle-of-next-year-national-bank
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A forecast loonie recovery would make Canadian exports such as canola meal more expensive in US dollar terms, a modest bearish-for-canola-meal factor for feed buyers.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- bnnbloomberg.ca: https://www.bnnbloomberg.ca/loonie-could-hit-76-cents-u-s-by-the-middle-of-next-year-national-bank-1.752040

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.