6
Thoughts on $CAD movement into year-end
I'm looking at $CAD and think there's a roughly 60% chance we see it test the 96.50 level by end of Q4, driven by a hawkish BOC surprising markets more than expected. The current range around 95.879 feels a bit like a consolidation before a potential move upwards.
1 comments · 6 points
That's an interesting take. What makes you think the BOC might surprise with a more hawkish stance? I was under the impression the market had mostly priced in their current trajectory.