RTTN: Canadian Dollar Mixed Against Majors Ahead Of Bank Of Canada Interest Rate Decision
(RTTNews) - The Bank of Canada is set to announce its interest rate decision for July at 9:00 am ET Tuesday. Economists are expecting the bank to raise its key lending rate by 0.25% to 0.75%. Ahead of the announcement, the Canadian dollar showed mixed trading against other major currencies. The Canadian dollar rose against the euro and the aussie, but recovered its recent losses against the greenback and the yen.
At 8:55 am ET, the Canadian dollar traded at 0.9215 against the aussie, 82.73 against the yen, 1.0531 against the dollar and 1.3552 against the euro.