Canadian dollar turns lower having strengthened initally after the Bank of Canada raises interest rates, touches c$1.2480 to the U.S. dollar, or 80.13 U.S. cents

Market news

17 January 2018

Canadian dollar turns lower having strengthened initally after the Bank of Canada raises interest rates, touches c$1.2480 to the U.S. dollar, or 80.13 U.S. cents

BoC says will "remain cautious in considering future policy adjustments", guided by incoming data

The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent

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