The Canadian dollar weakened today versus its US counterpart and halted the five-day rally against the euro after Mark Carney, the Governor of the Bank of Canada, said that the policy maker would be “careful” in considering whether to raise the interest further and their decision will be influenced by the outlook for the US economic growth. Currently the currency is slowly regaining its strength.(…)Read the rest of Loonie Slips as Probability of … Read More Loonie Slips as Probability of Rates Hike Looks Low
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