U.S. Dollar Is Low While the Canadian Dollar Rallied
The U.S. dollar traded near its nine-week lows on Thursday. Bold spending plans from the White House, along with a dovish outlook from the U.S. Federal Reserve, bolstered the global reflation trade. President Joe Biden’s aim for another $1.8 trillion stimulus in spending risked expanding the U.S. trade and budget deficits. Analysts say that Fed …
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