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BOC Signals Rate Hike - How Low Will USD/CAD Go?

posted by Avatar fx360 766 days ago in USD, CAD, Daily

Bank of Canada signaled that it will be removing monetary stimulus in the near future and will likely become the second G-20 central bank to raise rates as global economic growth picks up pace. The BOC noted that, “In Canada, the economic recovery is proceeding somewhat more rapidly than the Bank had projected in its January Monetary Policy
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