Posthaste: Canadian dollar could throw wrench into Bank of Canada rate cuts

Expectations that Canada’s central bank will move before the United States Federal Reserve has put pressure on the loonie, which has dropped 1.7 per cent against a strong U.S. dollar. The Canadian dollar fell again yesterday after weaker retail sales data added to the case for rate cuts. As the…#bankofcanada #bofaglobalresearch #howarddu #carloscapistran #cad #tiffmacklem #capistran #nathanjanzen #royalbankofcanada #bankofmontreal
Source: Reuters: Health - Category: Consumer Health News Source Type: news