Reuters: Canadian dollar steadies ahead of BoC interest rate decision
Category:Cross-Border
Updated:2025-12-09
"It would require considerable conviction for the Bank of Canada to tighten while the Federal Reserve is still easing," Karl Schamotta, chief market strategist at Corpay, said in a note. "But any move in that direction would almost certainly trigger a sharp appreciation in the Canadian dollar."
Switch to Corpay
Discover how making the move to Corpay streamlines payments and strengthens your business.
Talk to an Expert