BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Friday, January 25, 2019

Canadian dollar rebounds from two-week low on rising investor optimism




The Canadian dollar rallied to a two-week high against its broadly weaker U.S. counterpart on Friday as oil prices rose and a deal to end the U.S. government shutdown helped boost stocks.

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Chances of another Bank of Canada interest rate hike by the summer have fallen to about 30 per cent from more than 50 per cent at the end of last week.