Dutch International Bank said that the Bank of Canada is likely to cut interest rates by 25 basis points to 4.25% in today's decision and send a signal of further rate cuts, but this is widely expected by the market, so it is unlikely to have a huge impact on the Canadian dollar. Analyst Francesco Pesole said that the Bank of Canada seems to be on a relatively predictable trajectory, gradually reducing interest rates to 3.0% by mid-2025, which is largely in line with market pricing. After the release of employment data for the United States and Canada on Friday, the US dollar/Canadian dollar may experience greater volatility, but it should currently trade in the range of 1.35-1.36, with a slightly upward bias due to unfavorable risk sentiment.
荷兰国际：若加拿大央行降息，加元可能波动不大
ING: If the Bank of Canada cuts interest rates, the Canadian dollar may not fluctuate much.
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