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Forex News USD/CAD: Loonie Strength To Send BoC To The Sidelines; Where To Target? - CIBC

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Peter

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CIBC FX Strategy Research argues that while CAD strength could extend towards a temporarily closing in on 1.25, it will also be a key factor in sending the BoC to the sidelines, letting a Fed hike in December re-widen interest margins in favor of the USD.

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