The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
📍 ON
Apr 29, 2026
· 3 min read
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Canadian dollar steadies as oil lifts BoC rate hike bets
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Canadian dollar steadies as oil lifts BoC rate hike bets
FERGAL SMITH
REUTERS
PUBLISHED APRIL 29, 2026
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The Canadian dollar steadied against its U.S. counterpart on Wednesday as the greenback posted broad-based gains and a jump in oil prices raised prospects of multiple Bank of Canada interest rate hikes this year.
The loonie was trading nearly unchanged at 1.3685 per U.S. dollar, or 73.07 U.S. cents, after moving in a range of 1.3668 to 1.3710. The Ban…
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