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The Canadian dollar has continued to rebound against the US dollar resulting in USD/CAD hitting a low yesterday at 1.4071 as it moves further below the high from 14th October at 1.4300. The Canadian dollar has outperformed recently alongside the other G10 commodity currencies of the Norwegian krone and New Zealand doll
() -- The Canadian dollar's upside is likely to be limited as the Bank of Canada is seen maintaining a cautious policy stance on Wednesday amid a mixed economic outlook and easing inflation pressures, according to MUFG Bank. With markets pricing nearly 20 basis points of tightening by year-end, cautious BoC messaging t