Wednesday , 6 November 2024
Home Forex Bank of Canada Governor Macklem says beginning to see the impact of recent rate cuts
Forex

Bank of Canada Governor Macklem says beginning to see the impact of recent rate cuts

Macklem is speaking in parliament. Earlier:

Says now that he is beginning to see some impact of recent rate cuts. Like I said above, maybe seeing what he wants to see. And also maybe saying what the pollies want to hear.

For more on CAD Adam spoke with BNNBloomberg on the Bank of Canada and the loonie earlier. Watch it here.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

The US treasury auctions off $25B of 30 year bonds at a high yield of 4.608%

High Yield 4.608%WI level at the time of the auction: 4.63%Tail: -2.2...

US treasury to auction $25B of 30 year bonds testing the buyers appetite

The US treasury will auction off $25B of the "grand-daddy of them...

EURUSD moves down toward triple bottom in June and bounces. Sellers still in control.

The EURUSD moved higher before the results of the election started to...

Nomura now sees just one Fed rate cut in 2025 after Trump win

Nomura anticipates that the Fed will respond cautiously to a Trump administration...