USD/CAD: Bank of Canada Hikes by 100 Basis Points - DailyFX
7/13/2022 12:00:00 AM2 years 9 months ago
by Brendan Fagan
by Brendan Fagan
The Bank of Canada raised it's benchmark borrowing rate by 1.00%, taking the policy rate to 2.50%.
Bank of Canada, USDCAD – Talking Points
- Bank of Canada hikes by 0.75% as inflation remains elevated
- USDCADspikes lower after lager-than-expected hike