BOC’s Duguay: Hikes almost inevitable given high monetary stimulus

The path of interest rates is not preordained says BOC official Duguay, but in the next breath hes says given low rates, hikes are almost inevitable. Guess its all a matter of timing. …

Nothing that hasn’t been said before…

USD/CAD is firmer on the day as risk sentiment fades from high early levels. USD/CAD is at 1.0365 from 1.0255 lows early in the session.

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