Market Overview

USD/CAD Little Changed, BOC Leaves Rate at 0.5 percent

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USD/CAD is trading at 1.3272, down 0.0005.

The pair is trading nearly unchanged on the session. Market chatter about Canada's economy and Bank of Canada monetary policy is making the rounds. The Bank of Canada (BOC) the left the bank's cash rate at 0.5 percent.

Trading is modestly choppy.

Canada's Mortgage and Housing Corporation (CMHC) is scheduled to release Canadian housing starts Thursday at 8:15 a.m. ET.

 

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Posted-In: Canadian dollar USD/CADFutures Forex Markets