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USD/CAD snaps back as oil rolls over, Poloz next

Discussion in 'Market News' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    150 pip drop wiped out USD/CAD is trading at 1.4620 after falling as low as 1.4492 on the BOC decision. Bank of Canada Governor Poloz holds a press conference at 15 minutes after the hour. The combination of fresh lows in oil and an absolute rout in stock markets is rocking sentiment.

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