Commenting on Bank of Canada (BOC) Governor Stephen Poloz’s comments on Thursday, “Governor Poloz surprised markets with a relatively hawkish tone in his fireside chat on Economic Change and the Path Forward,” said TD Securities analysts. Key quotes “Poloz said the economy is in a good place and described monetary policy as “about right.” However, the Bank continues to monitor for signs of spillovers and we do not think they will hesitate to act should the outlook deteriorate further.” “FX: Today’s comments reinforce our tactical bias for USDCAD to trade lower. We look for the post-Wilkins rally to be unwound and estimate FV closer to 1.3150.” “Rates: Poloz remarks were negative for Canadian bond performance relative to the US, as he cited comfort with current inflation levels, and noted they are positive sign for the economy as currently levels.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Powell says the Fed doesn’t currently has no plans to launch a digital currency FX Street 3 years Commenting on Bank of Canada (BOC) Governor Stephen Poloz's comments on Thursday, "Governor Poloz surprised markets with a relatively hawkish tone in his fireside chat on Economic Change and the Path Forward," said TD Securities analysts. Key quotes "Poloz said the economy is in a good place and described monetary policy as "about right." However, the Bank continues to monitor for signs of spillovers and we do not think they will hesitate to act should the outlook deteriorate further." "FX: Today's comments reinforce our tactical bias for USDCAD to trade lower. We look for the post-Wilkins rally to be unwound… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
