Canadian Dollar drops on slow-moving economy

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The Canada's currency decreased as Bank of Canada Governor Stephen Poloz revealed the economy is still significantly behind its potential and inflation remains low, limiting the possibility of interest rate increase. The Loonie declined 0.3% to C$1.0403 per Greenback as of 10:11 a.m. Toronto Time. The Bank of Canada increased this year's growth forecast from 1.5% in April to 1.8%.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.