FX Watch: CAD/CHF and NZD/CAD Range Levels To Watch for a Hawkish BOC Surprise

7 months ago 46

Market expectations for a Bank of Canada rate cut have been baked in for a while now, but what if the central bank delivers a hawkish announcement? Our Event Guide for the BOC Decision notes that inflation-related indicators are still pointing to sticky price pressures, supporting the case for a possible hold. Here's what I'm watching on CAD/CHF and NZD/CAD if this happens.

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