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via fxstreet.comEconomy

Canadian Dollar gains against US Dollar on BoC bets, says Scotiabank

FROM THE WIRE · FXSTREET.COM

Scotiabank strategists Shaun Osborne and Eric Theoret report USD/CAD trading near 1.4054, with the Canadian Dollar (CAD) supported by Alberta’s strong rejection of separation and higher Oil prices.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe Canadian dollar is supported by Bank of Canada expectations and higher oil prices, affecting USD/CAD.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Canadian Dollar FX Spot RateUSDCADFX pair1.4060-0.03%today -0.36%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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