Canadian dollar expected to weaken
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softer Canadian dollarfinancialpost
•Posthaste: Why a weak Canadian dollar won't stop the Bank of Canada from cutting rates
73% Informative
RBC expects the Canadian dollar to fade further to 68.96 cents U.S. by the second quarter .
The bank expects the bank to continue cutting rates to a “stimulative” 2 per cent by mid-year , widening the policy gap between the two central banks by 125 basis points.
Canada ’s economy continues to underperform its global peers and RBC thinks it will get worse before it gets better.
Posthaste is written by Pamela Heaven , with additional reporting from Financial Post staff, The Canadian Press and Bloomberg .
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VR Score
78
Informative language
79
Neutral language
45
Article tone
formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
15
Source diversity
8