Bank of Canada hikes rate to 1.50% from 1.25% - ConsultFX

Bank of Canada hikes rate to 1.50% from 1.25%

Decision as expected... The USDCAD has moved lower on the initial reaction as the Bank of Canada sees more hikes (gradually),  and in the process moved below the 100 hour MA at 1.31191. The price has also moved to new session lows.