The path of interest rates is not preordained says BOC official Duguay, but in the next breath hes says given low rates, hikes are almost inevitable. Guess its all a matter of timing. …
Nothing that hasn’t been said before…
USD/CAD is firmer on the day as risk sentiment fades from high early levels. USD/CAD is at 1.0365 from 1.0255 lows early in the session.