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CAD: BOC on hold, cautious outlook – BBH

Brown Brothers Harriman's (BBH) report discusses the Bank of Canada's upcoming policy decision, expected to keep rates unchanged at 2.25%. The BOC is likely to reiterate its cautious stance amid elevated uncertainty, particularly in light of recent threats from President Trump regarding tariffs on Canadian goods. The report suggests that USD/CAD will likely stabilize around 1.3600.

BOC policy decision and outlook

"The BOC is also poised to reiterate its on hold guidance that it 'sees the current policy rate at about the right level to keep inflation close to 2%.'"

"We see room for the market to further push out expectations for a BOC rate hike, suggesting USD/CAD will likely stabilize around 1.3600."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Silver Price Forecast: XAG/USD buying remains unabated; fresh all-time high and counting

Silver (XAG/USD) prolongs its recent well-established uptrend and continues scaling new all-time peaks for the third straight day, rising to the 109.45 region on Monday.
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USD/CAD extends losses below 1.3700 as Oil prices rise on supply concerns

USD/CAD remains subdued for the sixth consecutive day, trading around 1.3690 during the European hours on Monday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) receives support amid higher Oil prices, given Canada’s status as the largest crude exporter to the United States (US).
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