TORONTO (Reuters) - The Canadian dollar is set to rally over the coming 12 months as pressure grows on the Bank of Canada to resume its interest rate hiking campaign and some of the appeal of the U.S. dollar potentially fades, a Reuters poll showed on Wednesday. | 07:15am
OTTAWA, June 7 (Reuters) - Both markets and analysts see
a chance for the Bank of Canada to hike rates again on Wednesday
after becoming the first major central bank to pause its
monetary tightening campaign in January. . | 06:00am
By Fergal Smith TORONTO (Reuters) - The Canadian dollar is set to rally over the coming 12 months as pressure grows on the Bank of Canada to resume it.
While the loonie was expected to give back some of its recent gains over the coming three months, it was then expected to rally to 1.29 in a year, the median forecast of nearly 40 currency analysts showed
Canadian dollar gains 0.2% against the greenback Price of oil settles 2.3% higher Toronto home prices rise 3.7% in May 10-year yield rises 6.9 ba. | Jun. 02