(Bloomberg) -- The Canadian dollar approached a 30-
year high against the U.S. currency on speculation the Bank of
Canada will boost interest rates as soon as next month.
Canada's currency has advanced 9 percent against the U.S.
dollar this quarter as an accelerating economy pushed the
nation's two-year bond yield to a five-year high today. A
measure of business and government spending probably increased
last month, a private report to be released today is forecast to
show.
Read more at Bloomberg Currencies News
year high against the U.S. currency on speculation the Bank of
Canada will boost interest rates as soon as next month.
Canada's currency has advanced 9 percent against the U.S.
dollar this quarter as an accelerating economy pushed the
nation's two-year bond yield to a five-year high today. A
measure of business and government spending probably increased
last month, a private report to be released today is forecast to
show.
Read more at Bloomberg Currencies News
No comments:
Post a Comment