Loonie strengthens following interest decision
The Bank of Canada’s latest interest setting meeting result posted an unchanged level of 1.00% from its previous level, in-line with market expectations.
Canada’s trade balance posted -0.93bn, outperforming market expectations of -1.00bn, down from its previous level of -0.46bn (revised from -0.47bn) month on month.
AUDCAD 0.9637 +0.97%, CADCHF 0.8907 +0.21%, USDCAD 1.0512 -0.20%, CADJPY 94.66 +0.16%, EURCAD 1.3853 -0.14% and GBPCAD 1.6405 +0.08%.
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