Canadian dollar forecasts turn mixed as US tariff threat lingers
The Canadian dollar is set to edge lower over the coming months as the threat of U.S. trade tariffs remains in place despite an early reprieve, but the currency is expected to recover and trade at a higher level in one year,
USD/CAD forecast: 2 reasons Canadian dollar is crashing
The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level since 2003 and over 67% from its lowest point in 2007. It has jumped by over 10% in the last 12 months as the Canadian dollar crash accelerated.
Canadian dollar sees lowest levels since 2003 after new Trump tariffs
The Canadian dollar on Monday saw its lowest level since March 2003 after the US imposed 25% new tariffs on imports from Canada on Saturday. The exchange rate for the US dollar/Canadian dollar is at 1.4682 Canadian dollars as of 1300GMT and the Canadian dollar index stands at 68.84.
Canadian Dollar continues to drift higher on Wednesday
The Canadian Dollar added a thin 0.5% as the Greenback drifts lower. Upbeat US employment data is sending risk appetite higher. Meaningful Canadian data remains limited until Friday. The Canadian Dollar (CAD) tested higher against the Greenback on Wednesday,
Canadian official reacts to Trump’s threatened tariffs
President Donald Trump is holding off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
Canadian Dollar Continues to Recover From Tariff Hit
The Canadian dollar rose to a two-week high against the U.S. dollar as it continued to recover after the pause in plans to implement U.S. tariffs, and ING said it could rise further if tariff risks are entirely priced out.
Exchange Rates4d
Latest Canadian Dollar to Dollar Rate and Live CAD/USD Data
Is the Canadian Dollar going up or down against the Dollar? A: Today's exchange rate (0.6929) is higher compared to yesterday's rate (0.681). Q: What is 50 Canadian Dollars in ...
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The Canadian Press on MSN4d
Loonie risks falling further if U.S. tariffs become prolonged: currency expert
The Canadian dollar is trading at its lowest level since 2003 on the eve of sweeping tariffs from the United States. The ...
The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Quebec snowbirds fleeing Sunshine State in droves due to high costs, weak loonie
Many Quebec snowbirds living in Florida are listing their properties for sale, citing the high cost of living and a ...
Victoria News4d
Loonie risks falling further with prolonged U.S. tariffs: currency expert
Karl Schamotta, chief market strategist at Corpay, says the loonie could see a further decline of two to three per cent if an ...
think5d
Where to next for the Canadian dollar as trade war begins
The US administration has de facto scrapped the USMCA agreement that President Donald Trump himself had negotiated in 2019, ...