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BOC’s Duguay: Hikes almost inevitable given high monetary stimulus

By   || July 27, 2010 at 18:05 GMT
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The path of interest rates is not preordained says BOC official Duguay, but in the next breath hes says given low rates, hikes are almost inevitable. Guess its all a matter of timing. …

Nothing that hasn’t been said before…

USD/CAD is firmer on the day as risk sentiment fades from high early levels. USD/CAD is at 1.0365 from 1.0255 lows early in the session.

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