CAD to outperform antipodeans – Deutsche

By FXStreet 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.”
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Source:: FX Street