Canada BoC Interest Rate Decision in line with expectations (1%)

FXStreet.com (Barcelona)

Apr 16, 2014

USD/JPY rallies on declining yen safety demand

USD/JPY has rallied through the session so far after data released overnight indicated that the Chinese economy slowed less than consensus expectations in the first quarter. The slower than expected deceleration in Chinese growth damped demand for yen safety.

BoC keeps interest rate unchanged at 1% in April

BoC keeps interest rate unchanged at 1% in AprilThe Bank of Canada announced on Wednesday its decision to maintain its target for the overnight rate unchanged at 1% at its April monetary policy meeting.