The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Apr 30, 2026
· 3 min read
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Canadian dollar heads for biggest monthly gain in a year on rate hike bets
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Canadian dollar heads for biggest monthly gain in a year on rate hike bets
FERGAL SMITH
REUTERS
PUBLISHED APRIL 30, 2026
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The Canadian dollar strengthened against its U.S. counterpart on Thursday and was headed for its biggest monthly advance since April 2025, as the greenback posted broad-based declines and investors weighed the potential for higher oil prices to lead to interest rate hikes in the coming months.
The loonie was trading 0.5% higher at 1.…
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