The Canadian Dollar (CAD) is holding steady ahead of the Bank of Canada policy decision, with expectations of a 25bps rate cut to 4.25%. The policy statement and press conference
The Bank of Canada (BoC) is anticipated to announce a 25 basis point rate cut today, as per a survey of economists conducted by Bloomberg. Commerzbank’s FX Analyst Michael Pfister
According to Société Generale market analysts, USD/CAD has recently broken the trend line drawn since February, resulting in an extended pullback. The currency pair has fallen below the 200-DMA, indicating
The USD/CAD pair is currently trading in a tight range near 1.3550 as investors await the Bank of Canada's (BoC) monetary policy announcement. The BoC is expected to cut interest
The Bank of Canada (BoC) is widely expected to cut rates for a third consecutive meeting today. Our expert analysis predicts a cut from 4.50% to 4.25%, in line with
As the Bank of Canada (BoC) prepares for its upcoming meeting on September 4, there is a strong indication that the central bank will reduce its policy rate to 4.25%.
The USD/CAD pair is trading around 1.3545 in the early Asian session on Wednesday after the US ISM Manufacturing PMI came in at 47.2 in August, missing the estimation. The
The USD/CAD pair is making significant gains, nearing 1.3550 during Tuesday's North American session. The Canadian Dollar (CAD) is weakening as uncertainty looms ahead of the upcoming Bank of Canada
As the Canadian Dollar (CAD) experiences a decline alongside major currencies, the Chief FX Strategist at Scotiabank, Shaun Osborne, highlights the current trend. While the CAD is outperforming its commodity
The USD/CAD pair is on the rise for the second day in a row, currently trading around 1.3520 during the early European hours on Tuesday. This upward movement is driven