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via finance.yahoo.comEconomy

Canadian dollar may rise on possible Bank of Canada rate hike, UBS says

FROM THE WIRE · FINANCE.YAHOO.COM

The Canadian dollar could gain ground next week as the Bank of Canada is expected to raise rates by PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA possible Bank of Canada rate hike could support the Canadian dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01According to UBS, the Canadian dollar could gain ground next week.
  2. 02The Bank of Canada is expected to raise rates, according to the article.
  3. 03The full content is reserved for premium subscribers.

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AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.