Hope for U.S. Federal Reserve pivot help Canadian dollar extend weekly gain
The Canadian dollar CADUSD strengthened against its US counterpart on Friday, adding to this week’s gains, after suspected Bank of Japan intervention and as investors weighed prospects of the US Federal Reserve dialing back the pace of interest rate hikes. The Canadian dollar was up 0.7% at 1.3670 to the greenback, or 73.15 US cents, … Read more