Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts

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The dollar is headed for its best rally in over a year as growing expectations that US interest rates will stay high for longer prompt investors to pile into the currency.

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Canadian Dollar Weakens Against US Dollar Ahead of Inflation DataThe Canadian dollar weakened against the US dollar on Monday, approaching a five-month low, as investors await domestic inflation data that could provide insights into potential interest rate cuts by the Bank of Canada.
Source: globeandmail - 🏆 5. / 92 Read more »