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Ahead of today's BoC policy rate......>

DOLLAR-CANADA
DOLLAR-CANADA: Ahead of today's BoC policy rate decision, MNI's Pinch has priced
in a 80% chance of a hike with main focus on the full report for direction.
- Further to this RBC do not expect major modifications to the Bank's main
annual growth and inflation forecasts (they look for an expected upgrade to US
2018 growth to offset the downgrade to Q4 CA growth.) RBC add, markets are
discounting 80 bps by end-Dec and we see risks skewed lower for CAD (we are long
AUD/CAD this week). 

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