Loonie Mixed Ahead Of BoC Decision
July 12 2017 - 04:56AM
RTTF2
At 10:00 am ET Wednesday, the Bank of Canada announces decision
on interest rates. Economists forecast the bank to raise its
benchmark rate by 25 basis points to 0.75 percent.
Ahead of the decision, the loonie traded mixed against its major
rivals. While the loonie dropped against the yen and the aussie, it
rose against the euro and the greenback.
The loonie was worth 1.2921 against the greenback, 87.66 against
the yen, 1.4752 against the euro and 0.9898 against the aussie as
of 9:55 am ET.
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