(Bloomberg) -- The Canadian dollar gained before a
government report that analysts forecast will show retail sales
rose in May, bolstering speculation the central bank will lift
interest rates.
The currency strengthened today as the yield advantage on
U.S. two-year Treasury notes over Canada's two-year bond shrank
to the smallest in more than two years.
Read more at Bloomberg Currencies News
government report that analysts forecast will show retail sales
rose in May, bolstering speculation the central bank will lift
interest rates.
The currency strengthened today as the yield advantage on
U.S. two-year Treasury notes over Canada's two-year bond shrank
to the smallest in more than two years.
Read more at Bloomberg Currencies News
No comments:
Post a Comment