Share: The Bank of Canada released the Summary of Deliberations of the December 6 meeting when they delivered a “dovish” hold. According to the document, the...
Share: USD/CAD has staged a substantial fall in the last few weeks. Economists at Danske Bank analyze the pair’s outlook. BoC to keep policy rates unchanged...
Share: USD/CAD remains on the defensive, though a combination of factors helps limit losses. BoC Governor sees rate cuts in 2024 and overshadows the recent bounce...
Share: Bank of Canada Governor Tiff Macklem said on Friday that once the central bank “is assured that we are clearly on a path back to...
Share: The Canadian Dollar is lower on the day against most of its peers. Crude Oil prices appear to have found a floor for now, easing...
Share: USD/CAD drifts higher on the firmer US Dollar. The Bank of Canada (BoC) maintained its key overnight rate unchanged at 5.0%. ADP private payrolls climbed...
Share: The Canadian Dollar is on the rise on Wednesday, looking to recover lost ground. The BoC held rates at 5% as the markets broadly expected....
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Share: Canadian central bank is forecast to leave the key interest rate unchanged at 5.0% on Wednesday. Bank of Canada policymakers are expected to offer little...
Share: USD/CAD loses ground around 1.3575 despite the rebound of USD. US ISM Services PMI arrived at 52.7 in November vs. 51.8 prior, above the market...
Share: The Canadian Dollar sees new lows but seeks a foothold in the American session. Bank of Canada rate call on Wednesday to draw CAD traders’...
Share: USD/CAD scales higher for the second straight day amid bearish Crude Oil prices. The risk-off mood benefits the safe-haven USD and contributes to the downfall....
Share: Most recent article: Canadian Dollar stretches higher against the US Dollar on Friday after Canadian jobs beat The Canadian Dollar sees downside pressure on Monday. Canadian...
Share: The Bank of Canada (BoC) is set to announce its Interest Rate Decision next week. There is modest room for a hawkish (although short-lived) market...
Share: Unemployment Rate in Canada expected to tick higher, foreseen at 5.8% in November. Tepid job creation could help the Bank of Canada to hold the...
Share: USD/CAD extends gains ahead of Canada’s Retail Sales release. The recovery in Crude oil prices could support the Canadian Dollar. US S&P Global PMI data...
Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in...
Share: USD/CAD faces challenges on improved Crude oil prices. WTI improves on speculation that OPEC may decide on more production cuts. CPI Canada is anticipated to have...
Share: Statistics Canada will release October Consumer Price Index (CPI) data on Tuesday, November 21 at 13:30 and as we get closer to the release time,...
Share: USD/CAD loses ground on the likelihood of no interest rate hike by the US Fed in December. US Dollar lost strength due to weaker US economic data...