Bank of Canada cuts rates to 2.50%, FOMC coming up!— North American mid-week Market update
This ongoing session is huge and still far from over! The BoC rate decision (09:45 ET) and press conference just concluded with the as expected rate cut to 2.50%, pretty bearish on the Canadian economy but the CAD is holding well (for now). In about 2.5 hours, the spotlight shifts to the Fed at 14:00

















