June 14, 2017
CAD/USD Exchange Rate

CAD/USD Exchange Rate Hits A Two-Month High Following Governor Poloz’s Hint On Interest rates

Governor Stephen Poloz was being interviewed on a CBC radio show and gave a clear indication that interest rates could be raised sooner than many anticipated. His comments follow Monday speech from Governor Carolyn Wilkins where she addressed an audience speaking on the topic of diversity in the economy. The speech which was hosted by […]
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 […]