USD/CAD fighting back

Currently, USD/CAD is trading at 1.1033, up 0.09% on the day, having posted a daily high at 1.1043 and low at 1.1002.
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Latin America EM Express: Brazil central bank expected to hike rates

Brazil's central bank will announce its monetary policy decision today and the general expectation is that it will raise the benchmark Selic rate by 25 bp to 11%. The central bank's monetary policy committee, known as Copom, has been worried recently about the increase in inflationary pressures, as prices of meat and vegetables have risen after a drought struck the country's south-east regions.
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