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SUby u/suthidawattana·8hAnalysis

BoC's hawkish hold, watching $CADUSD

The Bank of Canada held rates steady yesterday, as expected, but the accompanying statement leaned quite hawkish. This has given $CADUSD a decent bump, currently trading around 0.7194. I'm watching to see if this reflects genuine sentiment or just a market overreaction; a push past 0.72025 would confirm some strength, but I'm still wary of broader USD strength if inflation data next week comes in hot.

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