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BoC's Hold-and-See on CAD, Considering USDMXN's Range
So the BoC held rates steady as expected, pushing $CADUSD up a tad to 0.71365. Seems like they're still playing the 'wait for more data' card, which is perfectly understandable but not exactly inspiring for a breakout. Meanwhile, $USDMXN continues its grind around 17.20, making me wonder if it's the more interesting play for a range-bound strategy right now.