TAG: Bank of Canada (BoC)

AUD/CAD Technical: BoC jumbo cut of 50 bps may have already been fully priced in

The Canadian dollar has weakened against most major currencies (except against the JPY) in the past four weeks. Short-term FX positioning suggests that the expected BoC’s 50 bps cut may have been fully priced in. Watch out for a potential short-term mean...