(Bloomberg) -- Investors should use options to bet
the Canadian dollar will extend its rally after reaching a 30-
year high this week, according to research firm IDEAglobal.
The currency rose to the highest since 1977 yesterday as
traders increased bets the central bank will raise interest
rates for the first time since May last year. Options are the
best way to make the bet because an investor can't lose more
than the premium they pay for the contract, IDEAglobal said.
Read more at Bloomberg Currencies News
the Canadian dollar will extend its rally after reaching a 30-
year high this week, according to research firm IDEAglobal.
The currency rose to the highest since 1977 yesterday as
traders increased bets the central bank will raise interest
rates for the first time since May last year. Options are the
best way to make the bet because an investor can't lose more
than the premium they pay for the contract, IDEAglobal said.
Read more at Bloomberg Currencies News
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