January 24, 2018
USD/CAD exchange rate

USD/CAD Exchange Rate Momentarily Falls as BOC Rise Interest Rates 0.25%

With the majority of investors having already priced in a rise in Canadian interest rates this month the Bank of Canada’s decision was unlikely to have shocked. Following Canada’s bumper employments change data, the probability of the bank raising their interest rate was judged to have been at around 70%. This news had seen the […]