Forex Blog

April 11, 2011

Bank of Canada Expected to Maintain Interest Rate

Filed under: OANDA News — Tags: , , , , , , , — admin @ 1:38 pm

Investors are taking a wait-and-see approach with the Canadian dollar ahead of tomorrow’s Bank of Canada interest rate policy announcement. The expectation is that the Bank will hold the line on rates leaving the benchmark interest rate at 1.0 percent.

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