Canada to Hike Rates

A number of changes in recent Bank of Canada Interest Rate Announcements lead us to believe there is a greater chance of a policy rate hike than the market currently expects. We think there is a 75% chance of a rate hike by October. The market is pricing “no policy action” over the next twelve months. If our rate call is correct, the Canadian dollar could benefit over the next 3-6 months.

To see our complete analysis, click here:Canada to Hike  iHarborcap 09 2011

For more information, please visit us at or e-mail us at


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s