TORONTO - The Canadian dollar is set to strengthen over the coming year but its gains will be limited after the Bank of Canada began cutting interest rates ahead of the Federal Reserve and as the U.S. election fans economic uncertainty, a Reuters poll found.
Last month, the BoC became the first G7 central bank to begin easing monetary policy, lowering its benchmark rate by 25 basis points to 4.75%. Canada is a major producer of commodities, including oil, so its economy is particularly dependent on trade, especially with the United States, to which it sends 75% of its exports.New Poll Finds 1 Democrat Absolutely Trouncing Trump'Very Bad News' For Trump: Lawrence O'Donnell Says Ruling Could Backfire QuicklyLinda Blackford: A new, more powerful Donald Trump is threatening you, Mitch McConnell, and thanks to your Supreme Court, his threats suddenly have a lot more gravity.Rep.
UNITED NATIONS — Donald Trump has repeatedly said he could settle the war between Russia and Ukraine in one day if he’s elected president again. Russia’s United Nations ambassador says he can’t.More than 7 in 10 voters have already decided whom they will vote for in the November presidential election, according to a new poll.