BOC Preview: To act “more forcefully“ and hike the policy rate by 75bp – Goldman Sachs
Analysts at Goldman Sachs offer a sneak peek at what to expect from Wednesday’s Bank
USD/CAD to plunge towards 1.25 by year-end as BoC’s rate hiking pace underpins the loonie – BofA
USD/CAD remains near the 1.30 level. Economists at the Bank of America Global Research discuss
USD/CAD: Loonie to remain well-supported unless BoC places any doubt on market pricing – MUFG
Today we will have the policy announcement from the Bank of Canada (BoC). The Canadian
Canadian dollar: Forecasts from five major banks, best G10 currency only means modest recovery
The CAD weakened in June along with nearly all G10 currencies. As we enter the
USD/CAD: Cautious over the extent of the loonie’s recovery – MUFG
During June, the USD/CAD pair rose from 1.2657 to 1.2878. Economists at MUFG Bank expect
USD/CAD to enjoy substantial gains towards 1.33 in early 2023 – CIBC
With the Fed's terminal rate surpassing the Bank of Canada's, economists at CIBC Capital Markets
USD/CAD: Loonie’s profile softer as Fed races to higher terminal rate – CIBC
Analysts at CIBC see the USD/CAD pair trading around 1.29 during the third quarter and
USD/CAD keeps bounce off weekly low near 1.2950 amid softer oil prices, US PMI eyed
USD/CAD picks up bids to defend the previous day’s rebound from one-week low. WTI crude
USD/CAD rebounds to 1.2950 on softer oil, risk-aversion ahead of Fed’s Powell, BOC inflation
USD/CAD snaps two-day downtrend, grinds higher around daily tops. Market’s anxiety ahead of Powell’s testimony
USD/CAD retreats to 1.3000 on hawkish BOC bets, oil’s bounce, focus on Fed’s Powell, Canada inflation
USD/CAD pares recent gains at 19-month high, renews intraday low of late. Higher inflation expectations