A Tale of Two Economies: Divergence in Interest Rate Policies Raises Concerns for the Canadian Dollar
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#f960beb7 ver:0.3

The divergence in interest rate policies between the Bank of Canada and the U.S. Federal Reserve raises concerns for the Canadian dollar. The potential decline of the Canadian dollar and weakening economy pose risks for investors. Traders are advised to add protection to their portfolios. The Trans Mountain pipeline expansion may face delays, costing oil producers millions. The euro poses a bigger risk to the Canadian dollar than the U.S. dollar. Experts predict volatility in the Canadian dollar due to the interest rate divergence. Several risks in 2024 could impact the Canadian dollar. TD predicts rate cuts by the Bank of Canada, widening the gap with the Fed. #CanadianDollar #InterestRates #Economy...

#newstr #InterestRates #BankOfCanada #UsFederalReserve #CanadianDollar #Inflation #Economy 

 https://here.news/story/f960beb7?ver=0.3