US EditionData suggests the FOMC should push back on easing bets - Monex Canada
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Data suggests the FOMC should push back on easing bets - Monex Canada
CAD After dipping into the 1.37s toward the end of last week USDCAD is trading back above 1.38 having delivered a muted trading session on Monday. We see short-term risks for the pair are skewed toward further upside too, given our expectations for Wednesday’s FOMC meeting. But on the Canadian side of the equation, we also see risks of a disappointing jobs release on Friday that should further accelerate any loonie selloff. In contrast to US rea…
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