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Canadian Dollar: Market pricing seen excessive despite hike bets – BBH

Elias Haddad at Brown Brothers Harriman reports USD/CAD is near a one-month low as markets firm expectations for a 25 bps Bank of Canada (BoC) rate hike to 2.50% on October 28, with swaps pricing a 78% probability.

Canadian Dollar: Market pricing seen excessive despite hike bets – BBH

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

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