Wednesday, 24 April 2019

Canadian Dollar Swoons in Response to Dovish Bank of Canada Remarks

Despite the Bank of Canada maintaining its overnight rate target at 1.75 percent as expected, dovish language found in the April monetary policy update is putting downward pressure on the Canadian Dollar.


from DailyFX - Feeds all http://bit.ly/2W5DXKe
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...