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USD/CAD Loonie Lower After Canadian Federal Budget No Longer Promising Return To Surplus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The loonie had a volatile day after the Brussel terrorist attacks shocked the world. The release of the Canadian Federal Budget, the first by the Liberal government, delivered on its promise to spend more in infrastructure to boost growth. The Bank of Canada (BoC) had left rates unchanged at 0.50[​IMG]

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