Canadian dollar rebounds as central bank opts for another oversized rate hike

Canadian dollar rebounds as central bank opts for another oversized rate hike

Upworthy

Published

The Canadian dollar CADUSD strengthened against its U.S. counterpart on Wednesday, rebounding from an earlier one-month low, as markets priced in a slightly higher endpoint for interest rate hikes following the Bank of Canada’s latest oversized policy move. The BoC raised its benchmark overnight…

#boc #darcybriggs #cadusd #franklintempletoncanada #bankofcanadas #federalreserve

Full Article