CADJPY

usdcad Bank Of Canada

CADJPY Slumps Over 50 Pips on Bank of Canada Weaker Outlook

CADJPY trades 0.33% lower at 83.75 making fresh ten-day lows after the Bank of Canada sees a weaker growth in the near term. The central bank kept interest rates unchanged at 1.75% as was widely expected but the shift in the outlook is what is moving the Canadian dollar lower. [...]