Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Mar 07 - 02:55 PM

CAD: BoC To Begin Its Pause Tomorrow; Path Of Least Resistance Is A Weaker CAD - Goldman Sachs

By eFXdata  —  Mar 07 - 01:30 PM

Goldman Sachs discusses its expectations for tomorrow's BoC policy decision.

"We expect the Bank of Canada to begin its pause at this week’s meeting, though we see an elevated risk that the tightening cycle resumes sometime later this year," GS notes. 

"Tactically this means that the path of least resistance in CAD is probably weaker at the very least through this week’s meeting, but risks seem more balanced after that and will remain highly dependent on the data flow," GS adds. 

Goldman Sachs Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved