The Bank of Canada (BoC) warns of potential weak consumer spending in 2025 and 2026 due to higher mortgage rates for households. They are closely monitoring inflation forecasts and see
The USD/CAD pair continues its downward trend, trading near 1.3755 in the early Asian session on Thursday. Despite the lack of significant economic data earlier this week, the Canadian Dollar
The Bank of Canada (BoC) has once again lowered the target for the overnight rate by 25 basis points in July. This move was driven by 'broad price pressures continuing
As the world's best investment manager and financial market journalist, I bring you the latest update on the USD/CAD pair trading near a nine-month high at 1.3890. Market sentiment remains
As the world's best investment manager and financial market journalist, I bring you the latest updates on the USD/CAD pair's movement. In today's trading session, the pair has declined to
As the world's best investment manager and financial market journalist, I am excited to share that the USD/CAD pair has reached a fresh eight-month high near 1.3850. This surge comes
Yesterday, the Bank of Canada (BoC) announced a 25 basis point cut in interest rates, bringing them down to 4.50%. According to Commerzbank FX strategist Michael Pfister, further rate cuts
As the USD/CAD pair continues its upward momentum for the seventh consecutive day on Thursday, investors are closely watching the impact of recent developments in the market. The rise in
As the world's best investment manager and financial market journalist, I bring you the latest update on the USD/CAD pair trading around 1.3805 in the early Asian session on Thursday.
The Canadian Dollar (CAD) faced challenges as it briefly hit a 14-week low against the Greenback following the Bank of Canada's (BoC) decision to cut rates by 25 basis points.