BOC expected to slash the policy rate 25bps to 3.00% – BBH
USD/CAD is trading in a tight range around 1.4400, BBH FX strategists report. USD/CAD has scope to overshoot to fresh cyclical highs “The Bank of Canada (BOC) is expected to slash the policy rate 25bps to 3.00% following two consecutive 50bps rate reductions. The BOC’s updated Monetary Policy Report is also due today. Inflation is stabilizing … Read more