The Canadian dollar has been caught in a tight trading range ahead of the Jackson Hole summit where the main highlight will be the speech by U.S. Federal Reserve Chair Janet Yellen. The USD has depreciated as the market continues to price in the possibility of the U.S. central bank standing pat for the rest of 2016. This week has been light on economic indicators and traders have been anxious about any announcements that could come out of the central bank summit in Wyoming. Historically Yellen and her predecessors have sent signals of changing monetary policy at the monetary policy summit. This time around the ... (full story)