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FL: USDCAD churns with BOC rate hike on deck for tomorrow October 23, 2018 at 05:26PM

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90% chance of a hike
The BOC are expected to announce a rate hike of 25 bps to 1.75% from 1.5%. The last hike took place in July 11th when they hiked from 1.25% to 1.5%.  The market is pricing in a 90% chance of a hike tomorrow.  All 22 economists on Bloomberg are on board

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