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Canadian Club: USD/CAD Scenario Plays Out

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Canadian Club: In yesterday’s Daily Market Update, we took a look at trading the Bank of Canada interest rate decision in the wake of elections which saw the Liberal’s Justin Trudeau sweep to victory. Our thinking was that with a new government coming in with a mandate of implementing a wide range of fiscal stimulus measures, Poloz and the Bank of Canada may have some of the work done for them in the coming months and that cutting rates again might not be the ideal situation to play for. “CAD

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