Rabobank forecasts USD/CAD to trade in 1.34–1.36 range as US-Canada rate gap narrows
Rabobank sees limited BoC easing ahead, narrowing US-Canada rate gap to weigh on USD/CAD Rabobank expects the Bank of Canada (BoC) to deliver one final 25 basis point rate cut, likely at the October meeting. However, Rabo sees the risk tilted toward no further easing. The Bank of Canada held its policy rate at 2.75% … Read more