Canadian dollar edges higher, speculators raise bearish bets to highest since December
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Article Excerpt
Canadian dollar edges higher, speculators raise bearish bets to highest since December
FERGAL SMITH
REUTERS
PUBLISHED 16 MINUTES AGO
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The Canadian dollar rose against its U.S. counterpart on Monday as a preliminary peace deal between the United States and Iran boosted investor sentiment globally, but the gain was limited ahead of a Federal Reserve interest rate decision this week.
The loonie was trading 0.1% higher at 1.3980 per U.S. dollar, or 71.53 U.S. cents, after moving in a range of 1.3951 to 1.3992. Last Thursday, the currency touched a seven-month low…
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Jun 15, 2026