Forex trading news for NY on January 18, 2017
In other markets:
– US stocks were mixed: S&P index rose by 0.18%. Nasdaq increased by 0.31%. Dow was down -0.11%
The CAD got hit in trading today as the Gov. of the BOC Poloz kept the door open for a further rate cut if downside risks materialize. One concern is US trade policy under the new President elect Trump. The expectations are that the NAFTA treaty will be one of the first things of focus once the new President takes office. The combination sent the CAD lower. It, along with the JPY were the dog currencies of the trading day.
Forexlive Americas forex news wrap. CAD and USD move on central bankers
