Canadian Dollar and Business Outlook: Loonie slips ahead of rate announcements

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar stepped back on Monday morning ahead of two interest rate announcements on Wednesday. As of 8:34 am CDT, the loonie was at US$0.7286 or US$1=C$1.3724 compared to Friday’s close of US$0.7297 or US$1=C$1.3704. Analysts forecast the Bank of Canada and the United States Federal[...]