Loonie Drops Vs Most Majors Ahead Of BoC Rate Decision
CANBERA (dpa-AFX) - The Bank of Canada will announce decision on interest rates at 10:00 am ET Wednesday.
The benchmark rate is expected to remain steady at 0.50 percent.
Ahead of the announcement, the loonie traded mixed against its major counterparts. While the loonie held steady against the euro, it dropped against the rest of major counterparts.
The loonie was worth 1.3105 against the greenback, 78.83 against the yen, 1.4367 against the euro and 1.0056 against the aussie as of 9:55 am ET.
Copyright RTT News/dpa-AFX