Canada

Share: Canadian Dollar trades lower after the release of key macro data from both the US and Canada,…

Share: Canadian Dollar in volatile ups and downs against the US Dollar after hitting a technical ceiling…

Share: Canadian Dollar rallies to new 2023 highs against the US Dollar on Thursday after the BoC’s…

Economists expect another slowdown in inflation in the US: the general annual consumer price index CPI from 4.0% to 3.1%, and the base (Core CPI) - up to 5.0% from 5.3% a month earlier. Many economists believe that by the end of…

BANK OF CANADA DECISION KEY POINTS:Bank of Canada raises its overnight rate by 25 basis points to 5.00%, in line with expectationsThe monetary authority warns that progress on the inflation front will be slower going forward, implicitly…

Share: Canadian Dollar claws back losses suffered overnight after underwhelming NFP data bursts…

Share: Canadian Dollar trades at a new 3-week low vs. the US Dollar following the release of strong US…

Share: USD/CAD picks up bids to refresh intraday high, reverses the previous day’s retreat from two-week…

Immediately after the decision of the Bank of Canada to raise the interest rate, the USD/CAD pair fell to the weakest value of the month at 1.3321 and then continued to decline. At the same time, the Canadian dollar is currently…

BoC RATE DECISION KEY POINTS:25bps Hike by the Bank of Canada as Excess Demand Looks More Persistent Than Anticipated.Underlying Inflation Remains a Concern as Evidenced by the Data in April.BoC Statement Did Remove the Language About How…