Finding the Bank of Canada Bias
Today's Bank of Canada decision on interest rates (10:00 Eastern, 15:00 London/BST) could be a signal that stretches beyond Canada. The loonie was the top performer Tuesday in anticipation of a hawkish move while the Swiss franc lagged. The latest video for Premium subscribers below highlights this week's trade action on CAD.
BOJ does whatever it needs to do to reach its goals. Fed plays the "world economy" card to prevent its rate hikes.