The Canadian dollar has appreciated sharply against the US dollar, heading 18 October highs, which is facilitated by the outcome of BoC meeting. USD / USD is trading at 1.3040, down by 0.3%. Important support - CAD1.3030 (September 29 low)

Market news

19 October 2016

The Canadian dollar has appreciated sharply against the US dollar, heading 18 October highs, which is facilitated by the outcome of BoC meeting. USD / USD is trading at 1.3040, down by 0.3%. Important support - CAD1.3030 (September 29 low)

U.S.: Crude Oil Inventories, October -5.2 (forecast 2.75)

Bank of Canada maintains overnight rate target at 1/2 per cent

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