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Bank of Canada to raise interest rates to 1.25% on Jan 17 - Reuters poll

Reuters on Monday published the findings of a recent poll that it conducted, with key quotes (via Reuters) found below.

Bank of Canada to raise interest rates to 1.25 pct on Jan 17; median 70 pct likelihood of a hike.

Bank of Canada to raise rates by 25 basis points in Q1, Q3 and Q4; median forecast for rates at 1.75 pct by end-2018.

Canada average annual GDP 2.2 pct in 2018, 1.8 pct in 2019 (vs 2.1 pct, 1.8 pct in Oct poll).

EUR/USD treads water near multi-year highs, stays below 1.23

The EUR/USD pair was able to build on last week's gains at the start of the week but lost its bullish momentum ahead of 1.23. As of writing, the pair
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BoC will most likely hike rates - BBH

"It is the only major central bank to meet in the week ahead, and it will most likely hike rates," BBH analysts argue. Key quotes We had thought th
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