• Reuters

    C$ rises; bearish bets on currency reach all-time high

    The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level. As of June 11, non-commercial accounts had increased their net short positions in the Canadian dollar to 129,493 contracts from 91,639 in the prior week, data on Friday from LSEG and the U.S. Commodity Futures Trading Commission showed.. "The jump in Canadian dollar shorts is a cyclical trade," said Adam Button, chief currency analyst at ForexLive.

  • The Canadian Press

    Phillies activate shortstop Trea Turner from injured list and bat him second against the Padres

    PHILADELPHIA (AP) — The Philadelphia Phillies activated shortstop Trea Turner from the injured list and slotted him to bat second Monday night against the San Diego Padres.

  • The Canadian Press

    Historic SS United States is ordered out of its berth in Philadelphia. Can it find new shores?

    PHILADELPHIA (AP) — The SS United States, a historic ship that still holds the transatlantic speed record it set more than 70 years ago, must leave its berth on the Delaware River in Philadelphia by Sept. 12, a federal judge says.