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Thursday, September 7, 2017

Now that the BOC hiked two meetings in a row, what next?

Reuters poll shed light on Canada primary dealers expectations The BOC hiked by 0.25% for the 2nd consecutive meeting yesterday.  The price of the USDCAD fell about 275 pips in 1 minute (I am still amazed at the large fall in such a small time period). It then rebounded about 125 pips and consolidated. That was
Now that the BOC hiked two meetings in a row, what next?

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