The Bank of Canada will announce its interest rate decision at 10:00 am ET Wednesday. The BoC is widely expected to keep its policy rate steady at 1.75 percent.

Ahead of the decision, the loonie traded mixed against its major counterparts. While the loonie rose against the yen, it declined against the rest of major rivals.

The loonie was worth 79.70 against the yen, 0.9048 against the aussie, 1.3331 against the greenback and 1.4683 against the euro as of 9:55 am ET.

Euro vs CAD (FX:EURCAD)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Euro vs CAD Charts.
Euro vs CAD (FX:EURCAD)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Euro vs CAD Charts.