BoC to hike but what next? CAD/JPY extending near term fall

<p>As BoC is widely expected to raise interest rates by another 25 bps to 5.00% today, the financial market awaits the answer on whether this move marks the end of the current tightening cycle. The hike today is expected after the bank restarted tightening last month, with many speculating that terminal rate could be reached […]</p>
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