CAD to Outperform Antipodeans - Deutsche
Analysts at Deutsche Bank explained that the valuation differentials across the dollar bloc are at all-time highs.
Key Quotes:
"The
Antipodes are 15% too expensive on PPP while CAD is 5% too cheap. This
spread is historically extreme and offers relative value in the medium
term. Other structural factors are also aligned for CAD to outperform
the Antipodes."
(Market News Provided by FXstreet)
