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Bank of Canada holds overnight rate at 0.50%, as expected

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bank of Canada decision highlights, March 9, 2016 - CAD appreciation due to oil, shifting policy expectations - CAD, oil averaging close to levels assumed in January MPR USD/CAD was trading at 1.3408 before the announcement. The BOC mentioned the currency but declined to take the opportunity to jawbone.

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