The Canadian dollar weakened to an eight-day low against its U.S. counterpart on Thursday as stronger-than-expected U.S. inflation data spooked investors counting on the Federal Reserve to begin cutting interest rates this year. Bond yields climbed and Wall Street’s major indexes fell as U.S. data...
https://www.hellenicshippingnews.com/canadian-dollar-hits-8-day-low-on-fed-rate-cut-jitters/