Monday, July 10, 2017

This 12th July could witness the most exciting BOC meeting of the year. This is the first meeting of the th





FX Flash
by Saktiandi Supaat


FX Research





This 12th July could witness the most exciting BOC meeting of the year. This is the first meeting of the three (ECB, BOE and BOC) central bankers that have turned hawkish at the ECB forum near the end of last month. According to OIS data, markets have priced in a 93.1% probability of a 25bps hike. CAD has strengthened 6% since its peak on 5th May, in spite of the fall in crude prices. Domestic data has been turning positive in recent months with employment growth making strong...

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