Canadian Dollar Rebounds as Markets Price in Bank of Canada Rate Hike

The Canadian dollar recovered from a three-week low as financial markets rapidly increased bets on a Bank of Canada interest rate hike, driven by upside inflation risks from energy prices.

2 Sept, 19:52 — 2 Sept, 19:52

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globe-and-mailHigh2d ago

Canadian dollar rebounds from nearly three-week low as BoC rate hike bets jump

Market caught offguard by the ‌BoC’s emphasis on upside inflation risks from energy price pass-through

By Fergal Smith

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Canadian Dollar Rebounds as Markets Price in Bank of Canada Rate Hike

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Canadian dollar rebounds from nearly three-week low as BoC rate hike bets jump

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