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CAD: Market Overpricing BoC Rate Cuts, Says BBH
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http://coinprofitnews.comCAD: Market Overpricing BoC Rate Cuts, Says BBH
BitcoinWorld CAD: Market Overpricing BoC Rate Cuts, Says BBH Analysts at Brown Brothers Harriman (BBH) have pushed back against market expectations for aggressive interest rate cuts by the Bank of Canada (BoC), arguing that the Canadian dollar (CAD) is being undervalued by overly dovish pricing. In a note released this week, BBH stated that the market is ‘too aggressive’ in its bets on BoC easing, suggesting that the central bank may hold rates…
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