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

FXStreet.com (Barcelona)

Jun 4, 2014

United States ISM Non-Manufacturing PMI above expectations (55.5) in May: Actual (56.3)

USD/CAD tests 1.0950 after BoC decision and US data

The US dollar is trading higher against its Canadian counterpart following the BoC decision to maintain unchanged its interest rate at 1.0% plus the better than expected ISM non-manufacturing data in US.