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...

By Anya Andrianova · Bloomberg Markets

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.