# Canadian dollar steadies ahead of Bank of Canada minutes

> The Canadian dollar was little changed near 1.3720 per US dollar on June 18 as investors awaited Bank of Canada minutes. The loonie had been holding in a narrow range after touching a near two-month low the previous week. The article covers routine currency trading.

- Date: 2024-06-18 · published 2024-06-18T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30021-canadian-dollar-steadies-ahead-of-bank-of-canada-minutes
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Without a new driver, the loonie's steady trading has no meaningful effect on feed commodity prices. It is routine currency commentary.

## Read by commodity

- USDCAD: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/canadian-dollar-steadies-ahead-bank-canada-minutes-2024-06-18/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.