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Loonie holds near 3-month high ahead of interest rate decisions

From reuters.com

The Canadian dollar was little changed against the greenback on Monday, holding near an earlier three-month high as investors grew optimistic on a U.S.-China trade deal and ahead of an interest rate decision this week from the Bank of Canada. At 5 p.m. (2100 GMT), the Canadian dollar was trading nearly unchanged at 1.3056 to the greenback, or 76.61 U.S. cents. The currency, which rose 0.5% last week, touched its strongest intraday level since July 22 at 1.3050. "I think we are going to be treading water until we get the central bank announcements now," said Amo Sahota, director at Klarity FX in San Francisco. ... (full story)

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