USD/CAD Loonie Rises After Bank of Canada and Higher Oil Prices
The
Canadian dollar advanced versus the USD after the Bank of Canada
announced the benchmark interest rate would remain unchanged at 0.50
percent. The USD/CAD traded below 1.33 as the loonie also got a boost of
oil prices that rose despite higher crude inventories in the U.S. The
Bank of Canada (BoC) was largely expected […]
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