Canadian Dollar Outlook Improves as Factory Growth Supports the Loonie
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Canadian Dollar Outlook Improves as Factory Growth Supports the Loonie

May 4, 2026
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The Canadian dollar outlook has strengthened after the loonie posted its fourth straight weekly gain against the U.S. dollar, supported by stronger domestic factory activity, firm energy-market expectations, and renewed speculation that the Bank of Canada may need to keep monetary policy tighter for longer. According to the original Reuters

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