Loonie Mixed Ahead Of BoC Decision
June 01 2022 - 06:00AM
RTTF2
At 10 am ET, the Bank of Canada will announce its interest rate
decision. The BoC is widely expected to raise interest rate to 1.5
percent from 1 percent.
The loonie traded mixed against its major rivals before the
decision. While it fell against the aussie, it climbed against the
rest of major rivals.
The loonie was worth 102.43 against the yen, 1.2627 against the
greenback, 0.9110 against the euro and 1.3518 against the aussie at
9:55 am ET.
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