Canadian Banks Anticipate Bumper Crop In Q3 Results

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TORONTO--The third quarter may prove to be a record for some of the Canadian banks, which begin releasing results this week. Volatility in the Canadian dollar is at the core of the bullish forecasts, but for the largest of the six Canadians, the majors and Far Eastern currencies provided opportunities as well, say market participants.

"It should be a bumper harvest for the Canadians, given the interest in the Canadian dollar this past quarter," says David Gilmore, a partner at FX Analytics in

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