HSBC out with a note with revised expectations 11 July
- now expects hike tomorrow and October
- forecast revised from on hold til Q1 2018
- expects rise from current 0.5% to 0.75% in Q3 and 1% in Q4
Plenty of hawkish talk from the Bank of Canada has markets expecting a hike tomorrow and that's led to CAD strength but Goldman Sachs has other thoughts on the matter.
Their view and others here
Immediate demand notable between 1.2850-80. Offers/res between 1..2950-80
USDCAD