[ad_1]
The Canadian dollar fell on the European market on Wednesday against a basket of world currencies, continuing its losses for the third consecutive day against its US counterpart, the lowest level of the week, against the rise in the US currency against most major and secondary currencies. Today, decisions of the Bank of Canada have come to an end of its monetary policy meeting, in anticipation of a rise in interest rates for the second time this year.
The US dollar against the Canadian dollar trades around $ 1.3145 of the opening price of $ 1.3110 after recording the highest price of $ 1.3174 per week and the lowest of $ 1,3105.
The Canadian dollar ended the session yesterday down 0.1% from its US counterpart, the second consecutive daily loss.
The dollar index rose 0.3% on Wednesday, extending its third consecutive day of gains, reversing the greenback against a basket of major and minor currencies, particularly those with strong trade links with the US dollar. China.
The Canadian Central Bank will conclude the monetary policy meeting tomorrow, in anticipation of a second rate hike this year, as economic indicators improve in the country, especially after the New jobs expected to rise in June, Oil prices recently peaked at 3.5 years.
Decision on Canadian interest rates comes at 14:00 GMT Expectations to raise interest rates by 25 basis points to 1.50% and issued at the same time a statement of monetary policy that should allow to continue to increase interest rate (d) {var js, id = facebook-jssdk; if (d.getElementById (id)) {return;} js = d.createElement (& # 39; script & # 39;); js.id = id; js.async = true; js.src = "http://connect.facebook.net/ar_AR/all.js#appId=&xfbml=1";d.getElementsByTagName('head')[0] .appendChild (js); } (document));
[ad_2]
Source link
Tags advance bank Canadian central decisions dollar level lowest reached week
