Canadian Dollar Hits Five-Week High
The Canadian dollar climbed to a five-week high as robust retail sales and rising oil prices bolstered expectations for a Bank of Canada rate hike next week. The currency is on track for its longest winning streak since March 2022.
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Canada's currency strengthened to a five-week high against the United States dollar on Friday, trading 0.1% higher at 1.40 against the USD/CAD pair.
