AUD/CAD has broken to its highest level since early 2021, powered by a significant hawkish repricing of the RBA rate outlook, the opposite to what's been seen in Canada, along with strong gains in industrial commodities.
Bank of Canada to deliver a hold with a clear indication that rates will be moving higher in future meetings, contingent on a benign growth path."
"We do not see the urgency to hike in October, but we don't expect rates to remain at 2.25% for much longer. We are pulling forward the hikes in our forecast from Jan/Mar to Dec/Jan,
Bank of Canada to deliver a hold with a clear indication that rates will be moving higher in future meetings, contingent on a benign growth path."
"We do not see the urgency to hike in October, but we don't expect rates to remain at 2.25% for much longer. We are pulling forward the hikes in our forecast from Jan/Mar to Dec/Jan,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.