CAD to Outperform Antipodeans - Deutsche
Analysts at Deutsche Bank explained that the valuation differentials across the dollar bloc are at all-time highs.
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
(Market News Provided by FXstreet)