Following on from the other currency forecasts from Reuters, here's the new loonie numbers
- 1m 1.38, 3m 1.39, 6m 1.37, 12m 1.35 (prior 1.42, 1.42, 1.40, 1.37)
- BOC to stay on hold next week
- Prospects of larger fiscal stimulus reduces odds of another rate cut
- Another rate cut will increase Canada's high household debt levels
- Pollsters see a BOC hike to 0.75%in Q4 2017
17/28 say that the CAD will not revisit it's 12 year low again, the rest say it would citing anticipation of further Fed tightening.
