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USD/CAD let down by lower probability of March 4 BoC cut

Wednesday, February 25, 2015 9:32 AM UTC

Shift in sentiment fuelled by less dovish than expected Poloz
1.2442 = low water-mark since Tuesday's pre-Yellen/Poloz high of 1.2662
1.2422 = Feb 20 low, before awful Canadian Dec retail sales data
Resistance level at 1.2478 (Tuesday low). 1.2498 = Asia high

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USD/CAD let down by lower probability of March 4 BoC cut

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