Bank of Canada Poloz: Jobs market shows a truer picture of Canadian economy

Author: Greg Michalowski | Category: Central Banks

BOC Poloz speaking:

  • natural tendency for rates to move a bit higher
  • jobs market shows a truer picture of Canadian economy
  • doesn't know by how much, or timing of future rate hikes
Poloz speaks with BNN Bloomberg

The USDCAD has moved lower and below the 100 and 200 hour MAs at 1.3459 and trades to a new session low at 1.34395.

USDCAD fell below the 100 and 200 hour MA

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