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USD/CAD: Loonie to extend its strength on a break of 1.2600 – OCBC

Mar 10, 2021 08:46 GMTFXStreet News The USD/CAD will look to the Bank of Canada (15:00 GMT) for further directionality, with a breach of the 1.2600 to 1.2750 range potentially at hand, economists at OCBC Bank inform. See – Bank of Canada Preview: Three reasons why the BOC may unleash C$ strength Key quotes “Policy tweaks are not expected. They should continue to sound optimistic, and perhaps lay down some groundwork for a reduction in asset purchases (at C$4b/week now) in the coming meetin...
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