Canadian dollar rebounds from 2-week low on higher oil prices, month-end hedging
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View chart & analysis → - 1The Canadian dollar rebounded from a more than two-week low against the U.S. dollar on Monday
- 2It traded at C$1.389 per U.S. dollar (about 72.0 U.S. cents), supported by higher oil prices and month-end hedging flows
- 3This week's Bank of Canada rate decision and U.S. employment and inflation data are expected to determine the interest rate paths of both countries
This 3-line summary is compiled from the report below.
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