C$ near flat vs firmer greenback after posting 5-week high

04 Dec, 2017

The data showing a surge in jobs in November came ahead of a Bank of Canada interest rate decision on Wednesday.

The central bank is expected to leave its benchmark interest rate steady at 1 percent. But chances of a hike in January have increased to more than 50 percent from 47 percent before Friday's jobs data.

 

 

Copyright Reuters, 2017

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