Ratecut Canada

Discussion in 'Forex' started by syspool, Jun 10, 2008.

  1. syspool


    What's the effect on the USDCAD going to be when BoC cuts the rate today? A cut of 25 basis points is expected.

    The CD future has fallen already.

    Happy trading, Felix
  2. It's already priced in.
  3. The statement is what matters. One cut is priced in, as Kin alluded to. Another is not.
  4. FxPro2


    nominal fall, but I also think its priced in, depends on US data to a degree
  5. gwac


    no rate cut, inflation too high.

  6. Nice rate cut...NOT!
    I guess the Canadian CB's have balls...
  7. Nice call. It's posts like yours which make the Internet a wonderful thing.