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Wednesday, January 17, 2018

Will the Bank of Canada Trigger Another Leg of USD/CAD Weakness?

Later this morning brings the first Bank of Canada rate decision of the year, and there is a very legitimate chance of a rate hike. But - what will the BoC say about the rest of the year, and will this be enough to evoke another leg of weakness in the pair's down-trend?

from DailyFX - Daily Briefings

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