Loonie Slides Vs Most Majors Ahead Of BoC Decision
September 04 2019 - 5:57AM
RTTF2
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.
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