CAD to underperform peers like the JPY, EUR and AUD – TDS

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CAD to underperform peers like the JPY, EUR and AUD – TDS

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    USDJPY Chart By TradingView

    The Bank of Canada stayed the course and held the overnight rate at 5.00%. The statement delivered a mostly hawkish tone. USD/CAD edged higher also propelled by the better-than-expected US PMIs. Economists at TD Securities analyze Loonie’s outlook.

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