USD/CAD jumps after Bank of Canada preaches caution on interest rates - ConsultFX

USD/CAD jumps after Bank of Canada preaches caution on interest rates

Canadian dollar drops on the headlines The market feared a hawkish shift from the Bank of Canada after last week's strong jobs report but it didn't come. Instead, the Bank of Canada said "the current stance of monetary policy remains appropriate" but that policymakers will "continue to be cautious" as they assess how the economy has Copyright 2015 Forexlive.com