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3 years ago

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Canadian Dollar Shines with Commodity and Risk Currencies as BoC Rate Pledge Goes Unheard

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Canadian Dollar Shines with Commodity and Risk Currencies as BoC Rate Pledge Goes Unheard

The Canadian Dollar outperformed on Thursday alongside other commodity and risk-sensitive currencies even after Bank of Canada Governor Tiff Macklem warned of risks to Canada's economic recovery and reaffirmed the BoC's commitment to an extended period of near-zero interest rates.

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Canadian Dollar Shines with Commodity and Risk Currencies as BoC Rate Pledge Goes Unheard

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Canadian Dollar Shines with Commodity and Risk Currencies as BoC Rate Pledge Goes Unheard

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