#USDCAD @ 1.33896 BoC: Clear indication that peak rates have not been reached needed to get any lower than this – SocGen

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USD/CAD is tracking short rates, which suggests we will get a reaction to the Bank of Canada (BoC) meeting today, Kit Juckes, Chief Global FX Strategist at Société Générale, reports.

See – BoC Preview: Forecasts from six major banks, rates unchanged but hawkish bias

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