USD/CAD: Neutral on the Loonie, Q1 target set at 1.34 – Credit Suisse USDCAD BOC Banks InterestRate
A high bar for BoC surprises
“A surprise featuring an unchanged outcome, while likely to drive a negative knee-jerk CAD reaction, would also likely be seen as consistent with the generally weak consensus view on Canada’s growth outlook, and as such not shocking or at odds with the priced-in monetary policy outlook.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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