Canada Cuts to 25bp - How Will USD/CAD React?

Bank of Canada surprised the currency market by taking its overnight interest rate to a mere 25bp becoming the second lowest yielding currency in the G10 universe matching the rates of US and Switzerland.

This entry was posted on Tuesday, April 21st, 2009, 11:33 and is filed under Learn FOREX. You can follow any responses to this entry through RSS 2.0. Responses are currently closed, but you can trackback from your own site.