More from BOCs Gravelle: A 50 BP rise is a big move for a central bank

The BOC Gravelle is back on the wires saying:We are raising rates graduallyA 50 BP rise is a big move for a central bankThe USDCAD did extend to a new cycle high breaking above the highs for this week at 1.3020 and 1.30215. The high price could only reach 1.30545. The current price is back at 1.3028 currently.      



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