While recognizing that the Bank of Canada’s (BoC) policy rate was low at 1.75%, “there is still room to maneuver,” BoC’s Senior Deputy Governor Carolyn Wilkins told a business audience in Montreal on Tuesday. “The global context has worsened, increasing the risk to global expansion and chances of financial stress that could spill over into Canada,” Wilkins added. “In the unlikely event of a storm, Canada’s financial system is resilient and we are in a good position to deal with whatever comes our way.” The USD/CAD pair edged higher on these comments and was last seen trading at 1.3258, adding 0.4% 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 Gold advances beyond $1,470 as US T-bond yields extend slide FX Street 3 years While recognizing that the Bank of Canada's (BoC) policy rate was low at 1.75%, "there is still room to maneuver," BoC's Senior Deputy Governor Carolyn Wilkins told a business audience in Montreal on Tuesday. "The global context has worsened, increasing the risk to global expansion and chances of financial stress that could spill over into Canada," Wilkins added. "In the unlikely event of a storm, Canada's financial system is resilient and we are in a good position to deal with whatever comes our way." The USD/CAD pair edged higher on these comments and was last seen trading at 1.3258,… 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.
