Canadian Dollar to Surge Amidst Global Interest Rate Shifts
Currency analysts are painting a promising picture for the Canadian dollar (CAD) as central banks worldwide, including the influential Federal Reserve, edge closer to…
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Bank of Canada
Canadian Dollar Set for Rally as the BoC Signals Rate Hike to 5%
The Canadian dollar is gearing up for a period of strength as the Bank of Canada (BoC) prepares to raise interest rates for a…
Loonie Jumps as Fed Hints at Stopping Rate Hikes Soon
Canada’s beloved loonie has been giving the US dollar a run for its money in recent weeks as it continues to strengthen against its…
Canadian Dollar Rises Following Strong Job Report
The Canadian dollar (CAD) was the best performer last week, thanks to a surprisingly strong job report that exceeded expectations. The report showed an…
Canadian Dollar Buckles Following Interest Rate Decision By BoC
The Canadian dollar (CAD) softened against the US dollar (USD) on Wednesday following a Bank of Canada (BoC) announcement. In a recent press release,…
Canadian Dollar Under Pressure as Oil Prices Fall
The Canadian Dollar (CAD) did not particularly perform well last week relative to its major rivals, with losses against the US dollar (USD), the…
Canada’s Government to Print More Dollars in Coming Months; Could Thwart BoC Efforts
Despite Chrystia Freeland, Canada’s finance minister, promising not to make the task of monetary policy tougher, analysts said the country’s plan to spend an…
USD/CAD Eyes Further Price Dumps Ahead of Canadian CPI Report
The USD/CAD pair resumed a bearish momentum on Tuesday as the currency pair approached its monthly low of 1.2837. The Canadian dollar could come…
