2015.09.1421:28:48UTC+00Canadian dollar slightly changed as traders await Fed decision

The Canadian dollar was moderately changed Monday as traders anticipate the Federal Reserve's interest rate decision this week.

The US central bank has been implying it planned to raise rates, but recent worries regarding global growth and weak Chinese economic data have escalated the likelihood of deferring a rate increase until 2016.

The loonie finished at 75.43 US cents from last week's or 75.45 US cents.

It would be a mistake to just wait for the Fed, with certain events to take place before then such as the Bank of Japan's rate decision, as well as “minutes and testimony from the Reserve Bank of Australia,” said Amo Sahota, Director at Klarity FX.