IronFX Daily Commentary by Sakis Paraskevov | 26/05/2016
• BoC stands pat, remains neutral • The BoC remained on hold and sounded neutral, disappointing investors who expected a dovish shift in language. • Loonie strengthened on the news and continued higher in the following hours. • Given the Bank’s neutral stance and that many of the oil sands are restarting production, we could […]