Bank of Canada’s Surprise Rate Hike Lifts Canadian Dollar ETF
July 13, 2022 at 17:51 PM EDT
A Canadian dollar currency-related exchange traded funds gained after the Bank of Canada came out with a surprise one percentage point interest rate hike to combat the rising inflation levels. The Invesco CurrencyShares Canadian Dollar Trust (FXC) rose 0.2% on Wednesday. Meanwhile, the Canadian...
