The US dollar fell against the Canadian dollar today, touching near 1.3680, as market sentiment shifted on the likelihood of further Federal Reserve interest rate hikes. Analysts attribute...
The Canadian dollar remains steady at the crucial 1.3700 level despite recent data showing softer inflation in Canada, which suggests that the Bank of Canada (BoC) may adopt a more dovish...
OTTAWA - Canada's inflation rate dipped to a lower-than-expected 3.1% in October on a year-over-year basis, largely driven by a significant 7.8% decrease in gasoline costs. Statistics Canada...
The dollar continued its downtrend on Tuesday as traders awaited the Federal Reserve's October meeting minutes and US Existing Home Sales data. The anticipation follows Monday's market...
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) - A gauge of global equities rose and Treasury yields rebounded on Monday after last week's big rally in stocks and bonds on hopes...
Bank of Canada's Governor, Tiff Macklem, expressed concerns over the bank's decision to maintain the neutral rate of interest during their annual review. Speaking at a Senate economy...
The US Dollar to Canadian Dollar (USD/CAD) exchange rate has reached a one-year high, following an underwhelming performance of Canada's economy in the third quarter of 2023. The flat Q3 GDP...
The Bank of Canada (BOC) decided to maintain its overnight rate at 5% on Wednesday, in light of a slowing economy and the need to moderate spending and price pressures through monetary...
The Canadian real estate market is showing signs of anxiety as potential mortgage rate increases loom, according to a recent survey by Zoocasa. As the Bank of Canada prepares for its rate...
Bank of Canada's (BoC) Governor, Tiff Macklem, is anticipated to maintain the current lending rate at 5% in the upcoming meeting on Wednesday, October 25, 2023. This decision comes as the...
Canadian retail sales experienced a 0.1% drop to 66.08 billion Canadian dollars ($48.16 billion) in August, the first decline in five months, according to Statistics Canada. Despite this...
Canadian inflation slowed to an annualized 3.8% in September, marking the end of a two-month surge in price pressures across sectors such as travel services, durable goods, and groceries,...
In a surprising turn of events, Canada's inflation rate experienced a slowdown last month, primarily due to slower increases in grocery prices and a substantial drop in airfare prices. This...
Monday saw significant gains in both Canadian and U.S. stock markets, led by base metal, financial, and technology stocks. The S&P/TSX Composite Index rose 157.94 points, while the Dow Jones...
Canadian business sentiment has plummeted to its lowest point since the Covid-19 recession, according to recent surveys conducted by the Bank of Canada. The bank's business outlook indicator...
Tiff Macklem, Governor of the Bank of Canada, addressed potential future interest rate hikes amidst geopolitical instability and persistent inflation at the International Monetary Fund...
By Ankur Banerjee and Alun John SINGAPORE/LONDON (Reuters) - The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve's...
On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese...
The International Monetary Fund (IMF) on Tuesday urged global regulators to impose stricter stress tests and heightened scrutiny on banks, including smaller ones, in an effort to minimize...
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - The dollar eased while a gauge of global equities edged higher on Thursday as investors considered a still-tight U.S....
Major global indices including the S&P/TSX Composite Index, Dow Jones Industrial Average, S&P 500 Index, and Nasdaq Composite registered decreases on Tuesday, as reported by The Canadian...
Nicolas Vincent, in his inaugural speech as Deputy Governor of the Bank of Canada, voiced concerns about the nation's evolving pricing behavior in the face of robust consumer demand on...
Canada's economy experienced a minor uptick in August, following a period of stagnation in July, according to an analysis published on Friday. However, the economic performance still lagged...
The Financial Stability Board (FSB) has heightened its scrutiny of the escalating debt among non-banking entities, underlining the potential risks to the global financial system. This...
The Pound (GBP) experienced further losses on Friday, rounding off a challenging week marked by a deepening contraction in the U.K.'s service sector activity, according to the latest survey....
On Friday, Canada's primary stock index, the S&P/TSX composite, closed with a minor decline of 11.65 points at 19,779.97, following a substantial loss of over 400 points the previous day....
The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This...
The financial market's attention is firmly on the upcoming Federal Reserve's policy meeting, with its potential implications for gold prices, silver, and the Canadian dollar. As per the...
The USD/CAD pair is experiencing significant selling pressure this Tuesday as the US Dollar weakens ahead of the Federal Reserve's interest rate decision. Meanwhile, Statistics Canada...
By Ankur Banerjee and Joice Alves SINGAPORE/LONDON (Reuters) - The dollar edged lower on Monday, with U.S. markets closed for a holiday, as investors weighed U.S. jobs data that showed some...
By Karen Brettell NEW YORK (Reuters) - The dollar dropped to a two-week low against the euro and a basket of currencies on Wednesday after data showed that U.S. private payrolls rose less...
By Hannah Lang WASHINGTON (Reuters) - The dollar index hovered near a two-month high on Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this...
By Hannah Lang WASHINGTON (Reuters) - The dollar index was flat after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on...
By Fergal Smith TORONTO (Reuters) - Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer to concluding...
Investing.com - The U.S. dollar slumped to its lowest level in two months in early European hours Wednesday ahead of a crucial U.S. inflation report, while sterling climbed to a fresh...
Investing.com – USD/CAD fell Tuesday, with just a day to go until the Bank of Canada is expected to deliver its second-straight rate hike after following a surprise hike last month. USD/CAD...
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