BofAML says that USD/CAD is priced 'close to perfection' ahead of BOC meeting

The Bank of Canada is expected to raise rates by 25 bps in today's meeting, here's BofAML's take on the event They mention that they see the BOC will follow through with a hike in today's meeting and if delivered, "USD/CAD may sell off temporarily" given that the event "is about 80% priced".
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