BOC not as dovis
h. Oil prices discounted drawdown of inventories
The USDCAD has been whipping around as the BOC statement was less dovish than expected. A bigger drawdown of crude oil inventories seemed to be priced in. The price of crude oil has fallen from a high of $49.57 to a lows of $48.63. The price has since rebounded back to $48.91.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in