Forex Flash: USD/CAD, no change expected for Tuesday's BoC meeting - RBS

FXstreet.com (Barcelona) - Currently in the middle of a 0.99/1.00 trading range, USDCAD faces this Tuesday next BoC monetary policy meeting, for which, "we do not expect a change in policy at the BoC's 4 December meeting," FX Strategy Team at RBS says, despite all the comments going on about BoC's governor leaving position by mid summer 2013.

In view of the bank, "the economic outlook, despite softer 3Q growth, does not warrant any shift in policy, in our opinion," the analysts think.