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Placeline/People
City Vaughan
Country Canada

Business Forecast: Loonie to face pressure this week

Depending on what the Bank of Canada says this week, the loonie could be could be in for more downward pressure. Canadian Press reporter Malcolm Morrison says poor economic data has also weighed on the Canadian dollar. 
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Source name: 
The Canadian Press
Unique identifier: CP14666169 
Legacy Identifier: n_Business-Forecast20140119T1245 
Type: Video 
Duration: 1m39s 
Dimensions: 1280px × 720px     62.84 MB 
Create Date: 1/19/2014 12:45:00 PM 
Display aspect ratio: 16:9 
Tags
American dollar
Bank of Canada
Bank of Canada governor
business forecast
CANADIAN DOLLAR
currency markets
economic data
interest rate announcement
interest rates
key rate
loonie level
market expectations
markets lookahead
Monetary Policy
NASDAQ
New York markets
NYSE
one per cent
overnight lending rate
primary currency
Stephen Poloz
Toronto market
TSX
U.S. dollar
U.S. Federal reserve
U.S. greenback
what to expect on the markets this week