The Bank of Canada decided to leave the interest rate unchanged at 1% as expected and seems to be in no rush to raise rates anytime soon. They talk about “caution” regarding further hikes even though other statements are relatively upbeat about the economy. The BOC sees the economy as running close to its potential [...]
The post Canadian dollar falls on BOC rate decision – USD/CAD hits high resistance appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment