Canadian Dollar Forecast: Loonie Rebounds From 14-Month Low After U.S. Inflation Data
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Canadian Dollar Forecast: Loonie Rebounds From 14-Month Low After U.S. Inflation Data

June 30, 2026
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The Canadian dollar forecast improved after the loonie rebounded from a 14-month low against the U.S. dollar, helped by firmer oil prices and a pullback in the greenback after U.S. inflation data slightly reduced expectations for more aggressive Federal Reserve rate hikes. The move allowed the Canadian currency to recover

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