USD/CAD Falls as BoC Hike Bets Surge: Can One Hike Break 1.4000?

TL;DR: The probability of an October 28 BoC hike jumped from 30% to 82.8% in a single weekend, driving USD/CAD toward the 1.4000 reversal zone. But with markets already pricing roughly four hikes through September 2027, one increase may not
Read more...