“We look for the Bank of Canada to hold rates unchanged at 1.75%, but we except the MPR to include a 0.2 p.p. downgrade to 2019 GDP growth,” said TD Securities analysts previewing the next BoC meeting. Key quotes “We also look for additional dovish tweaks to the forward-looking language.” “FX: The loonie continues to sort through conflicting factors related to a weaker local one and a seemingly improving global one. We like tactical short exposure to CAD on crosses like AUD and SEK.” “Rates: Risk/reward skews to lower rates on more dovish forward guidance. We like owning the front-end versus the US and 2s5s flatteners. We look for the BoC to hold at 1.75% for an indefinite period of time.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Eurozone: Sluggish growth makes case for ECB stimulus – ABN AMRO FX Street 4 years "We look for the Bank of Canada to hold rates unchanged at 1.75%, but we except the MPR to include a 0.2 p.p. downgrade to 2019 GDP growth," said TD Securities analysts previewing the next BoC meeting. Key quotes "We also look for additional dovish tweaks to the forward-looking language." "FX: The loonie continues to sort through conflicting factors related to a weaker local one and a seemingly improving global one. We like tactical short exposure to CAD on crosses like AUD and SEK." "Rates: Risk/reward skews to lower rates on more dovish forward guidance. We like owning the front-end… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
