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Bank of Canada and Fed head for historic divergence, in a blow to loonie
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada pauses its interest rate hikes, investors are betting that the sensitivity of Canada’s economy to higher borrowing costs will result in a historically large gap between the tightening campaigns of the BoC and the U.S. The post Bank of Canada and Fed head for historic divergence, in a blow to loonie appeared first on ForexTV...
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Posted: Mar 9 2023, 11:21
Author Name: forextv
Views: 110294