USDCAD long for the next year or two

26. Feb. 2023

As I peruse the latest financial news and market trends, it appears that the US dollar is gaining strength and fortitude in a widespread and all-encompassing manner. In other words, it seems that the dollar is undergoing a process of strengthening and solidifying its value against various currencies and economic indicators, not just in isolated or limited circumstances. Whether it's against the euro, yen, pound sterling, or other currencies, the dollar is seemingly on the ascent and asserting its dominance in the global economic landscape. Of course, the reasons behind this phenomenon are complex and multifaceted, involving a host of economic, political, and social factors that influence the perception and demand for the dollar. Nonetheless, it's clear that the dollar is currently experiencing a period of strength and growth, which could have significant implications for businesses, investors, and consumers around the world.