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Author Topic: Loonie Climbs Before Bank of Canada Statement  (Read 4346 times)
Hemant
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« on: April 16, 2011, 05:00:06 am »
Loonie Climbs Before Bank of Canada Statement

The Canadian dollar was slightly firmer against the U.S. dollar on Wednesday morning, while government bonds were lower as risk sentiment reversed from Tuesday and ahead of detailed economic projections from the Bank of Canada.

 Overall, Wednesday was mostly a mirror image of Tuesday,
reflecting investors' current tendency to be risk-on one day and risk-off the next.

Source: Loonie Climbs Before Bank of Canada Statement
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