Bank of Canada Governor Poloz:

  • Says most of recovery in exports is because of stronger US. demand, CAD has been helping that transition
  • Says bank doesn't have agenda on Canadian dollar
  • Rejects interpretation bank is talking down dollar

Headlines via Reuters (Poloz interview with BNN)

The yen CAD has been on a tear .... ;-)

Earlier comments from Governor Poloz:

  • BOC Poloz: All ingredients are present for US to get back to full capacity
  • More BOC Poloz headlines from press conference...
  • Bank of Canada press conference. Poloz: Best to look through short term economic strength