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USD/CAD – Loonie Under Pressure Ahead Of Bank of Canada Statement

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Canadian dollar reassumed normal trading conditions after the Victoria day long weekend. The loonie has underperformed against the U.S. dollar as Canadian growth has slowed down and the Fed minutes from the April Federal Open Market Committee (FOMC) have once again reignited the possibility of a June interest rate[​IMG]

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