The highlight of the week is the BoC rate decision on Wednesday. Economists at Scotiabank discuss CADCAD should improve on BoC hike
The week ahead should be positive for the CAD, assuming the BoC delivers. Communication will be an import factor in how the markets react to the decision, however. A dovish hike will likely weigh on the CAD. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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