Canadian FinMin Morneau: Preparing a significant stimulus program to be released next week

In a coordinated move on Friday, Bank of Canada (BOC) Governor Poloz and Canadian Finance Minister Morneau announced a monetary and a partial stimulus
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USD/CAD rises toward 1.3980 after BoC cuts rates in a surprise move

The USD/CAD rose from 1.3905 to 1.3978, slightly below the daily high following a surprise rate cut from the Bank of Canada. The Loonie depreciated mo
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