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Forex

Yen Extends Gains as Traders Price In Faster BOJ Rate Hikes

The yen extended its gains on Thursday after a sharp rally in the previous session, reaching 157.545 per dollar in Asian trading, its strongest level in nearly a month. The currency rose 0.9% overnight,...

Canadian Dollar Outlook Weakened by USMCA Uncertainty

Canada’s dollar is expected to strengthen less than previously forecast over the next year as uncertainty surrounding the revision of the U.S.-Mexico-Canada Agreement (USMCA) weighs on the country’s economy, according to a Reuters poll...