Friday, January 25, 2013
The bullish flight of the Canadian Dollar, i.e the “Loonie”, has been grounded, as slower than expected growth of the Canadian economy has extended the expected timeframe for interest rate increases from the Bank of Canada.
Canadian Dollar futures fell sharply following a cut in the growth forecast from the Bank of Canada (BOC), which some market participants saw as a sign that interest rates may not be raised this year. On Wednesday, the BOC kept its … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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