USD/CAD: Loonie to remain well-supported unless BoC places any doubt on market pricing – MUFG

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

USD/CAD: Loonie to remain well-supported unless BoC places any doubt on market pricing – MUFG USDCAD BOC Banks

remains the standout currency in G10 after the US dollar. Economists at MUFG Bank expect the loonie to remain supported following the decision.“We suspect the BoC will hike by 75 bps and while a little more than that is priced we would expect the statement along with the guidance in the“As long as the BoC does not question current market pricing then CAD should remain well supported.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines