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Monday, October 30, 2017

[FOREX NEWS] Bank of Canada holds fire. Odds for December rate hike fall


Summary: BoC holds interest rates steady at 1.0% as widely expected Central bank flags uncertainties that include inflation and NAFTA Odds for a December rate hike falls below 50% following the BoC decision from 80% previously BoC cites exchange rate appreciation could weigh on exports BoC forecasts weaker pace of growth. Q4 GDP expected at [...]

The post Bank of Canada holds fire. Odds for December rate hike fall appeared first on Forex Crunch.



via Forex Crunch

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