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CAD: Rate hike likely from BoC in October - BBH

Strong Canadian economic data underpins expectations that the Bank of Canada will hike interest rates again in October, according to analysts at BBH.  

Key Quotes

“The market is not nearly as confident that any other major central bank will lift rates this year, including the Federal Reserve.  The US dollar corrected higher form CAD1.24 at the end of July to nearly CAD1.28 in the middle of August. In recent days, the US dollar fell through the 61.8% retracement this month's bounce (~CAD1.2550).  It looks set to retest CAD1.24.  Our next objective is near CAD1.2160.   A move above CAD1.26 would negative this bearish call.”  

EUR/GBP pair could take a breather - Natixis

Since the daily stochastic is overbought, the EUR/GBP pair could take a breather by falling back to 0.9153 (9day moving average) even to 0.9089-0.91 (
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Jackson Hole: Yellen and Draghi appeared to work in tandem - ANZ

While Yellen and Draghi weren’t quite the one-two punch combination that markets thought they could have been, they still appeared to work in tandem t
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