Back to News
Market Impact: 0.2

Canadian dollar notches nearly four-week high on BoC rate hike bets

Source: The Globe and Mail

Currency & FXMonetary PolicyInflationElections & Domestic Politics

The Canadian dollar held on to much of its gains against the U.S. dollar on Monday. Hawkish comments by Bank of Canada Governor Tiff Macklem overshadowed domestic inflation data, as investors awaited the outcome of a referendum in Alberta.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.10

More News

From AllMind Research

Browse all research