Markets have reduced the probability of a 50bps rate hike from the BoC. The Fed will likely still slow rates after the positive US jobs data. A few economists expect the BoC to deliver a 50bps rate hike next week. The USD/CAD weekly forecast is slightly bullish as bets of a 50bps BoC rate hike … Continued
The post USD/CAD Weekly Forecast: Investors Eying BoC Rate Decision appeared first on Forex Crunch.
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