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Bank of Canada Suggests a Potential Need for Rate Hikes as USD/CAD Hits New Lows

Bank of Canada Suggests a Potential Need for Rate Hikes as USD/CAD Hits New Lows

2023/12/20 19:41

According to reports, the Bank of Canada has indicated that there may still be a need for interest rate hikes. The Canadian Dollar remains strong, and the USD/CAD pair has touched a new low since August 2nd at 1.3312.

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