Dollar to remain supported through year-end... gradual weakening expected in 2027
Original headline달러, 연말까지 지지…2027년 점진적 약세 전망
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The National Bank of Canada forecasts USD/CAD at 1.43 in Q4 2026, easing to 1.35 by Q3 2027, as of its November 10 outlook, implying near-term dollar support followed by gradual softening. The same report projects the Fed's broad dollar index, measured against 26 currencies, rising from 121.7 to 122.7 in Q4 2026 before declining to 120.5, 119.2 and 117.9 across Q1-Q3 2027; the bank notes this gauge differs in composition and methodology from the ICE Dollar Index (DXY). The call rests on persistent U.S. inflation pressure and the Federal Reserve's policy path, which the bank expects to keep the dollar supported through year-end before a slower, multi-quarter depreciation unfolds. Markets will watch U.S. inflation prints and Fed guidance against the bank's projected index path for confirmation of the anticipated 2027 turn.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
National Bank of Canada, US dollar, Canadian dollar, Federal Reserve