5 Hrs
المشهد العربي
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المشهد العربي

2026-11-11T07:17:47.000Z

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المشهد العربي

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Canadian Dollar Rises

Canadian Dollar Rises

The Canadian dollar rose to a four-week high of 1.4033 per U.S. dollar before paring its gains to 0.37%, trading at 1.4057. It was supported by a narrowing in the two-year bond yield spread to 146 basis points from around 160, and by growing expectations that the Bank of Canada will raise interest rates next week. The currency also got a boost from the roughly 76% of participants in Alberta’s referendum who voted to remain part of Canada.

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