The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
(Reuters) - Canada's main stock index rose at the open on Wednesday, ahead of Bank of Canada's interest rate decision, with hopes of an interest rate cut in the United States getting a boost from dovish comments by Federal Reserve Chairman Jerome Powell.
* At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 47.6 points, or 0.29%, at 16,592.81. (Reporting by Shreyashi Sanyal in Bengaluru)