The Canadian dollar jumped one per cent to $1.3072 per U.S. dollar in Toronto, the strongest level since February. ( JONATHAN HAYWARD / THE CANADIAN PRESS )Canada’s main stock index is showing moderate gains from a broad range of sectors. The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated the central bank may be considering higher rates. Swaps trading suggests investors are placing a 69 per cent chance of a rate hike at the bank’s July 12 rate decision, up from 39 per cent Tuesday. The S&P 500 index added 18.33 points to 2,437.71 and the Nasdaq composite index was ahead 54.65 points to 6,201.27.

Source: thestar June 28, 2017 16:07 UTC