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Thoughts on NZDCAD's move today after BOC remarks
Watching $NZDCAD today, that push up to 0.82454, up 0.23%, seems directly tied to the slightly more dovish tone from the BOC. While it's not a major shift, the market seems to be front-running potential rate differentials. I'm keeping an eye on whether this holds above 0.82347 as a new short-term base, or if it's just a knee-jerk reaction that fizzles out by end of week.
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