TD Sees Loonie Stuck in 72-74 Cent Range for Quarters Ahead

Toronto-Dominion Bank has released its forecast for the Canadian dollar's value against the US dollar. According to the bank, the loonie is expected to remain within a narrow range of 72-74 US cents over the next few quarters.

This prediction comes as the Canadian economy continues to navigate the effects of the ongoing pandemic and other global economic factors. The Toronto-Dominion Bank's forecast is based on its analysis of various market trends and economic indicators.