BoC Poloz says there is no magic number or value to the CAD

Bank of Canada Governor Poloz is still speaking

This time explicit comments on the Canadian dollar

• Dollar is impacted on by interest rate differentials
• No magic number or value to the Canadian dollar

We've had plenty from Mr. P already:

• BoC Governor Poloz gives a warning on higher US interest rates, doesn't mention Kanye
• USD/CAD chopping about as Poloz continues speaking
• CAD - More coming from BoC's Poloz, says he is more encouraged by the economy
• BoC's Poloz speaking - message on script (same as Monday)