BoC is widely anticipated to cut its interest rate by 25bps to 4.50% today, the second reduction in a row. This expectation is strongly backed by financial markets, which are pricing in nearly a 93% probability. While the decision itself seems almost certain, the market’s attention will be on BoC’s guidance regarding the pace of […]

The post BoC to cut rates again; USD/CAD set for further gains appeared first on Action Forex.