C$ climbs to 3-week high as BoC eyes soft landing
The Canadian dollar strengthened to a near three-week high against its U.S. counterpart on Monday as investors took stock of recent broad-based gains for the greenback and the Bank of Canada said the economy could grow as inflation cools. The loonie was trading 0.3% higher at 1.3651 to the U.S. dollar, or 73.25 U.S. cents, […]
Morning Bid: Stocks up as Swiss cut again, BoE eyed; yuan slides
Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in focus as the Swiss cut interest rates for the second time this year and the Bank of England decision now awaited. With artificial intelligence still the dominant driver stateside, Nvidia’s (NVDA.O), vault on Tuesday to become the world’s most […]