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BoC and Fed both on Wednesday

The Bank of Canada (BoC) is expected to hold rates at the current 1.75% setting on Wednesday. Recent upbeat economic data has sharply curtailed...

Central Banks Overview

Nearly all major Global Central Banks have adopted a more formal easing bias in their word cues, with the Fed, ECB and BoJ standing...

Loonie above 1.3500 on BoC’s statement

Bank of Canada pushed aside its rate hike desires as the economy slows, with the dropping of the tightening bias matching expectations. The policy...

Loonie ahead of CPI and Retail Sales

USDCAD has rebounded from recent losses, tracking a broader price action in the US Dollar. Above forecast data out of the US, including the...

A Sharp Reversal for USDCAD

USDCAD, H1 Canada retail sales fell 0.9% in November after the 0.2% gain in October (revised from +0.3%). The ex-autos sales aggregate contracted 0.6% in...

Inflation, BOC and how CAD could behave today

USDCAD Today, Canada releases its December inflation figures. The three core CPI measures are expected to hold around the 1.9% rates that were seen in...

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