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Forex News CAD: Losing Steam: Where To Target? - Barclays

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Peter

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Barclays Capital FX Strategy Research argues that as the relentless CAD rally has lost steam in the past couple of weeks, monetary policy expectations are unlikely to offer more CAD support given that the market has almost fully priced two hikes by BoC in a one-year horizon, while it prices only one hike for the Fed.

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