FX Watch: CAD/JPY and GBP/CAD’s Opportunities in Case of a ”Dovish Hold” BOC Event


Will BOC pull off a “dovish hold” event this week?

Our Event Guide for BOC’s June Policy Statement suggests that the central bank would keep its rates steady again after pausing in April.

Here’s why GBP/CAD and CAD/JPY present potential trade setups if Gov. Macklem and his team focus on downside economic risks this week:

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