While speaking at an event organized by the Ontario Securities Commission in Toronto on Thursday, Bank of Canada (BOC) Governor Stephen Poloz said that he thought monetary conditions were “about right” given the current situation. With this comment hinting that the BoC is unlikely to opt-out for a rate cut, the CAD gathered strength against its rivals. The USD/CAD pair, which was trading above 1.3320 in the last hour, fell sharply in the last minutes and was last seen trading at 1.3280, erasing 0.18% on a daily basis. 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 Aurora Cannabis Stock Price: Debentures, upbeat survey keep it bid, outlook cautiously optimistic FX Street 3 years While speaking at an event organized by the Ontario Securities Commission in Toronto on Thursday, Bank of Canada (BOC) Governor Stephen Poloz said that he thought monetary conditions were "about right" given the current situation. With this comment hinting that the BoC is unlikely to opt-out for a rate cut, the CAD gathered strength against its rivals. The USD/CAD pair, which was trading above 1.3320 in the last hour, fell sharply in the last minutes and was last seen trading at 1.3280, erasing 0.18% on a daily basis. 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.
