The Canadian dollar was little changed on Monday against its US counterpart as lower oil prices offset broadbased losses for the greenback, while investors braced for a speech by Bank of Canada Governor Stephen Poloz. Poloz is likely to be asked about the recent better-than-expected economic performance in Canada when he speaks on Tuesday. Tame inflation data on Friday indicated little pressure for a rate hike. The Canadian dollar ended at C$1.3376 to the greenback, or 74.76 US cents, slightly stronger than Friday's close of C$1.3380, or 74.74 US cents.
Copyright Reuters, 2017
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