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U.S. dollar losses bounce after Canada tips toward higher rates

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U.S. dollar losses bounce after Canada tips toward higher rates

NEW YORK (Reuters) – A U.S. dollar rebound against major currencies was interrupted on Wednesday after Canadas central bank signaled an interest rate hike in 2022 and reduced the scope of its asset-buying program.
FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
The dollar index, which tracks the U.S. currency against six major peers, turned down after the announcement from the…

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