May 5, 2017
CAD exchange rate reaction

CAD Exchange Rates Remain Range Bound Following Interest Rate Hold

The Bank of Canada’s Governor delivered an untypically upbeat speech at the conference in Ottawa dispelling Canada’s concerns about a rate cut. The rate, which as mentioned, was held at 0.5%, painted a much more positive picture of Canada’s economy, although there still appears to be some concern surrounding the strength of Canada’s recovery. The […]