A nice summary of the back and forth between yesterday’s Senior Deputy Governor dovishness and the today’s fireside chat with Poloz where he said he thought monetary policy was just right for economic conditions. The US Dollar Canadian Dollar exchange rate has been whipsawing in the last two days based on these comments.
https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-rises-after-poloz-comments-on-boc-policy/
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