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MHby u/milos_horvat·3dDiscussion

Watching CADJPY with BOC's next move in mind

Been keeping an eye on $CADJPY around 116.13 today, especially with the Bank of Canada's hawkish tone recently; seems like any further hints towards rate hikes could give it another push.

2 comments · 1 points

2 Comments

FEu/felixnilsson·3d

Definitely. I'm wondering if the market's already priced in a significant portion of that hawkishness, or if there's still room for a surprise. How much further do you see it going if they do hike?

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ANu/andrea94·3d

The CADJPY strength might be more about JPY weakness than BOC hawkishness at this point. Rates aren't everything.

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