USDCAD down to a low of 1.3044 from a lack of anything dovish
Another sign of the divergence between expectations and the actual outcome. It's never good news when forecasts get cut but that news is offset by what was being expected. In this instance, the CAD is coming out on top.
USDCAD daily chart
My view to a long down towards 1.30 remain intact but Poloz will need watching ain the presser.
