Gov. Carney set expectations low and if his intension was to adjust what traders would discount regarding the on-going hawkishness with no hike approach that the BOC has thus far mastered, he did it…all in one session. The loonie sold off as Carney failed to be as hawkish as he had been in the past….
Here is the original:
The Loonie Weakens as it Braces for the BOC