USDCAD swings lower and back higher on Poloz comments. - ConsultFX

USDCAD swings lower and back higher on Poloz comments.

Trades to new session highs The USDCAD's initial reaction was lower but the uncertainty from Poloz has weakened the CAD (USDCAD) higher. The probability of a move is down from 60.8% to 58.2% on the initial reaction suggesting the central bank head has not tipped his hand in a grand way.