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BOC Holds Steady at 2.25%; USDCAD Treads Water on Tariff, Oil Uncertainty

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The Story

News Summary

  • Bank of Canada held rates at 2.25% on April 29, citing energy-driven inflation while acknowledging trade and geopolitical risks.
  • Governor Macklem signaled caution, with future rate moves likely small and direction data-dependent.
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USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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