Canadian dollar pulls back from five-month high as inflation cools

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Canadian dollar pulls back from five-month high as inflation cools

theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-pulls-back-from-five-month-high-as-inflation-cools

The Canadian dollar CADUSD weakened against its U.S. counterpart on Tuesday as the greenback posted broad-based gains and cooler-than-expected inflation data supported bets for additional interest rate cuts by the Bank of Canada this year.
The loonie was trading 0.7 per cent lower at…

This story appeared on theglobeandmail.com, 2025-04-15 18:01:31.