It's notable that CAD has participated less in the gains against the U. S. dollar than most currencies have seen.
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Looking two years down the line, there are certainly some risks building up,Adam Cole
We will see a gentle upswing from here.
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Interest rates are at their peak, but it's probably going to be some time before we see them coming down, probably another six months or so, ... an unhelpful factor... but is probably at its worst in terms of annual inflation now.
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It highlights the weakness of Blair's leadership and increases the risk on UK assets but like most political events of the past year, the impact is likely to be short-lived,
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Even if they don't change at this week's meeting the delay is only one month. It will take three months to withdraw excess liquidity before they can target zero interest rates. So the policy shift might not have a material impact.
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Based on Keywords: cad, currenciesWhy, I'd horse-whip you if I had a horse.
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The pleasure of one's effect on other people still exists in age - what's called making a hit. But the hit is much rarer and made of different stuff.
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I was born in Montreal and came from a lower-middle-class family.
Maureen Forrester