USD/CAD has second thoughts ahead of Poloz press conference - ConsultFX

USD/CAD has second thoughts ahead of Poloz press conference

USD/CAD back below 1.2600 USD/CAD jumped nearly a full cent on the Bank of Canada decision to leave interest rates unchanged. No move was mostly expected but OIS pricing showed about a 20% chance of a move so the kneejerk higher was understandable.