Tuesday Trading Tip – Bank of Canada Preview

The Bank of Canada meets tomorrow and based on the following table, they have more reasons to smile this month with consumer spending and job growth improving significantly. Oil prices are also up 10% since March and the slowing down of Fed tightening will remove some of their worries about the outlook for Canada’s economy. So chances are the BoC rate decision will be positive for the Canadian dollar


Bank of Canada Canadian Dollar forex blog Kathy Lien

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