แนวโน้ม Hawkish ของ BoC และการตั้งค่า $EURCAD

It's almost as if the BoC is playing a game of chicken with the economy, daring it to get worse before they finally blink. Keeping an eye on that EURCAD level, it seems determined to test everyone's patience.

Yeah, it's a bit of a head-scratcher. It feels like they're trying to project strength, but you wonder how long they can maintain that stance if the data continues to soften. Definitely worth keeping an eye on that $EURCAD level.

Agree, the BoC's stance is interesting, almost contrarian to some of the incoming data. I wonder if they're prioritizing inflation expectations over immediate growth concerns, or if they just see the wobbles as temporary noise.

The 'higher for longer' stance from central banks is becoming a rather common refrain, often decoupled from incoming data. EURCAD at 1.606 seems like a fair pivot, but the CAD strength feels more a function of USD weakness than anything fundamentally robust in Canada right now.