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FXC - Bank Of Canada Preview: Still On Course For 4 Rate Hikes
December, 07 2021 10:24 AM
Invesco CurrencyShares Canadian Dollar Trust
Omicron's emergence will mean the BoC will tread carefully. However, strong growth, a booming jobs market and bubbling inflation pressures suggest we remain on course for four rate hikes in 2022. We expect only a limited impact on CAD, which should remain almost solely driven by external factors, at least for now. For further details see:
Bank Of Canada Preview: Still On Course For 4 Rate Hikes
Stock Information
Company Name:
Invesco CurrencyShares Canadian Dollar Trust
Stock Symbol:
FXC
Market:
NYSE
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