Less dovish comments from Poloz
Canadian dollar jumps.
Bank of Canada Governor Stephen Poloz said he thinks that monetary conditions are "about right" given the situation. He is speaking at a fireside chat in Toronto.
- Canadian economy is in a good place overall
- We're still quite stimulative where we are today
- We want to do whatever we can to boost trend line
- Starting to see glimmer of response in global easing
- Global financial conditions have eased a lot
USD/CAD has dropped to 1.3280 from 1.3325 beforehand. We've gone from the top of the range to the bottom.
