The market is completely divided on cut vs hold
The OIS market shows a 49.1% chance of a cut at the top of the hour and a 50.9% chance that rates are left alone.
USD/CAD is pressing right up against the March high of 1.2834. It's make-or-break time.
I think the best argument is to go with the market ASAP after the decision.
Here's a full preview of the BOC decision.
