BOC's Rogers highlights dangers round larger charges after US election

• There are goign to be coverage adjustments to taxes, to commerce, to immigration within the US that might result in financial development, which may result in inflation and better charges within the US
• Financial institution of Canada is absorbing what we’re seeing and beginning to suppose forward
• We’ll stay optimistic as issues transfer from marketing campaign to governing, we are going to see somethings cool down and work out

USD/CAD is up 114 pips to 1.3937 in the present day, which can match the closing excessive from final week. The pair stays close to a four-year excessive.

This text was written by Adam Button at www.ubaidahsan.com.



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