Technically, it points to a move to 1.60%, which would mean further Canadian dollar strength.
The OIS market is pricing a 50.8% chance the 1.00% BOC rate will be unchanged at year-end, with a 37.1% chance of 1.25% and 10.5% chance of 1.50%.
Technically, it points to a move to 1.60%, which would mean further Canadian dollar strength.
The OIS market is pricing a 50.8% chance the 1.00% BOC rate will be unchanged at year-end, with a 37.1% chance of 1.25% and 10.5% chance of 1.50%.
Most Popular
Freight brokers face margin squeeze as rates rise. RXO posts $46M loss; C.H. Robinson eyes 40% target.
Meta's AI monetization outshines Microsoft's, boosting its valuation. Traders eye AI growth.
Bithumb's $43B paper bitcoin blunder caused temporary BTC price swings. Users may face reimbursement.
PLTR CEO critiques AI loops; shares slide despite 1700% 3-yr gain. Ives sees 46% upside.
Natural gas futures saw 119% gains then a 30-yr crash amid a trading halt glitch. Investors demand answers.
Japan election looms: Pro-crypto reforms could accelerate tax cuts from 55% to 20%, boosting Bitcoin.
Bithumb's $40B BTC error caused temporary price swings. Users may see reimbursements.
Must Read