The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 8, 2026
· 3 min read
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Canadian dollar underperforms G10 peers as jobs data clips BoC rate hike bets
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Canadian dollar underperforms G10 peers as jobs data clips BoC rate hike bets
FERGAL SMITH
REUTERS
PUBLISHED MAY 8, 2026
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The Canadian dollar weakened against all the other Group of 10 currencies on Friday as domestic data showed a surprise decline in employment, spurring investors to reduce bets on Bank of Canada interest rate hikes this year.
The loonie was trading 0.2% lower at 1.3690 to the U.S. dollar, or 72.99 U.S. cents, after touching its weakes…
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