(Bloomberg) -- Canada's dollar traded near a 30-year
high before the Bank of Canada's interest-rate meeting tomorrow,
when policy makers may raise concern over accelerating
inflation.
``Wide-held expectations for the Bank of Canada are that
rates are to be left unchanged once again,'' said Jonathan
Gencher, vice president of foreign exchange sales at BMO Capital
Markets in Toronto. ``The bank is likely to highlight the risk
of inflationary pressures building.''
Read more at Bloomberg Currencies News
high before the Bank of Canada's interest-rate meeting tomorrow,
when policy makers may raise concern over accelerating
inflation.
``Wide-held expectations for the Bank of Canada are that
rates are to be left unchanged once again,'' said Jonathan
Gencher, vice president of foreign exchange sales at BMO Capital
Markets in Toronto. ``The bank is likely to highlight the risk
of inflationary pressures building.''
Read more at Bloomberg Currencies News
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