The Bank of Canada raised its policy rate Wednesday to +0.75% from 0.50%, its first increase in seven years, on an improving economic outlook that’s soaking up unused labor and production capacity at a “significant” pace.
USD/CAD down -0.6% to C$1.2834
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
Latest posts by Dean Popplewell (see all)
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