BOC is expected to cut its interest rates again in March!
But our Event Guide for Bank of Canada’s (BOC) March Policy Decision points out that the move has been widely expected, raising the odds of the Canadian dollar stabilizing or even gaining ground against its major counterparts after the release.
Here’s why we’re looking at GBP/CAD and CAD/JPY in case of sell-the-rumor, buy-the-news scenarios!
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