Canadian Dollar Weakens as Soft Jobs Data Dims Higher Rate Bets

Canadian Dollar Weakens as Soft Jobs Data Dims Higher Rate Bets

The Canadian dollar sank to its weakest level since April 2025 after a softer-than-expected reading of the nation’s labor market reduced the odds of an interest-rate increase by the Bank of Canada.

The Canadian dollar sank to its weakest level since April 2025 after a softer-than-expected reading of the nation’s labor market reduced the odds of an interest-rate increase by the Bank of Canada.
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Bloomberg — Markets (EN)




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