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USD/CAD Outlook: BOC Hikes Rates but Signals a Pause
The BOC raised its benchmark interest rate on Wednesday to 4.5%. The BOC announced it would probably delay future hikes for the time being. Canada’s economy will stagnate and possibly enter a recession during the year’s first half. Today’s USD/CAD outlook is slightly bullish. The Bank of Canada raised its benchmark interest rate on Wednesday … Continued The post USD/CAD Outlook: BOC Hikes Rates but Signals a Pause appeared first on Forex Crunch...
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Posted: Jan 26 2023, 08:53
Author Name: forexcrunch
Views: 111534