CAD to Gain Ground, Underpinned By Rate-Hike Expectations -- Market Talk

Dow Jones

May 01

1639 ET - The Canadian dollar is enjoying a steady rebound, says economics team at Bank of Nova Scotia. The firm expects USDCAD to end 2026 at C$1.33, from its current C$1.36 level. USDCAD's recent peak was near C$1.40 in early April. Underpinning Scotiabank's USDCAD forecast is an expectation for three 25 bp interest-rate increases from the Bank of Canada. The firm says BOC opened the door to rate hikes in this week's decision, citing elevated oil prices. Scotiabank adds it is optimistic about a resolution in U.S.-Canada trade talks, toward USMCA renewal. Canada, as a net exporter of crude oil, is importing higher incomes through higher prices, "with trickle down effects into domestic incomes and more resulting spending," Scotiabank says. (paul.vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

April 30, 2026 16:40 ET (20:40 GMT)

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The firm expects USDCAD to end 2026 at C$1.33, from its current C$1.36 level. USDCAD's recent peak was near C$1.40 in early April. Underpinning Scotiabank's USDCAD forecast is an expectation for three 25 bp interest-rate increases from the Bank of Canada. The firm says BOC opened the door to rate hikes in this week's decision, citing elevated oil prices. Scotiabank adds it is optimistic about a resolution in U.S.-Canada trade talks, toward USMCA renewal. Canada, as a net exporter of crude oil, is importing higher incomes through higher prices, \"with trickle down effects into domestic incomes and more resulting spending,\" Scotiabank says. (paul.vieira@wsj.com; @paulvieira) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2026 16:40 ET (20:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CAD to Gain Ground, Underpinned By Rate-Hike Expectations -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCAD to Gain Ground, Underpinned By Rate-Hike Expectations -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-01 04:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1639 ET - The Canadian dollar is enjoying a steady rebound, says economics team at Bank of Nova Scotia. The firm expects USDCAD to end 2026 at C$1.33, from its current C$1.36 level. USDCAD's recent peak was near C$1.40 in early April. Underpinning Scotiabank's USDCAD forecast is an expectation for three 25 bp interest-rate increases from the Bank of Canada. The firm says BOC opened the door to rate hikes in this week's decision, citing elevated oil prices. Scotiabank adds it is optimistic about a resolution in U.S.-Canada trade talks, toward USMCA renewal. Canada, as a net exporter of crude oil, is importing higher incomes through higher prices, \"with trickle down effects into domestic incomes and more resulting spending,\" Scotiabank says. (paul.vieira@wsj.com; @paulvieira) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2026 16:40 ET (20:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"N0Z.SI","symbol_name":"联志国际","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632066184","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632066184","pubTimestamp":1777581600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1639 ET - The Canadian dollar is enjoying a steady rebound, says economics team at Bank of Nova Scotia. The firm expects USDCAD to end 2026 at C$1.33, from its current C$1.36 level. USDCAD's recent peak was near C$1.40 in early April. Underpinning Scotiabank's USDCAD forecast is an expectation for three 25 bp interest-rate increases from the Bank of Canada. The firm says BOC opened the door to rate hikes in this week's decision, citing elevated oil prices. Scotiabank adds it is optimistic about a resolution in U.S.-Canada trade talks, toward USMCA renewal. Canada, as a net exporter of crude oil, is importing higher incomes through higher prices, \"with trickle down effects into domestic incomes and more resulting spending,\" Scotiabank says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"N0Z.SI":"联志国际","BK6505":"周期性消费品与消费者服务","BK6096":"消闲用品"},"translate_title":"在加息预期的支撑下，加元将上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"N0Z.SI":1.5},"content_text":"1639 ET - The Canadian dollar is enjoying a steady rebound, says economics team at Bank of Nova Scotia. The firm expects USDCAD to end 2026 at C$1.33, from its current C$1.36 level. USDCAD's recent peak was near C$1.40 in early April. Underpinning Scotiabank's USDCAD forecast is an expectation for three 25 bp interest-rate increases from the Bank of Canada. The firm says BOC opened the door to rate hikes in this week's decision, citing elevated oil prices. Scotiabank adds it is optimistic about a resolution in U.S.-Canada trade talks, toward USMCA renewal. Canada, as a net exporter of crude oil, is importing higher incomes through higher prices, \"with trickle down effects into domestic incomes and more resulting spending,\" Scotiabank says. (paul.vieira@wsj.com; @paulvieira) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2026 16:40 ET (20:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}