The Canadian dollar could fall further as the Bank of Canada is likely to refrain from any signals about nearing the end of its interest rate cutting cycle in a decision later.
The Canadian dollar is important in the forex market because it is one of the most traded currencies worldwide.
In this analytical note we show that the share of the systematic variations in the Canadian dollar has risen significantly in the past two decades. Systematic variations in the exchange rate are ...
The day range on the loonie was 69.28 US cents to 69.53 US cents in early trading. The Canadian dollar was up about 0.26 per ...
In a fresh note on Tuesday, CIBC Fixed Income Currency and Commodity experts said that a Trump administration will role out tariffs at the slower pace described in the Washington Post article. This ...
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
The Canadian dollar strengthened to a near 5-week high against its U.S. counterpart on Monday as the prospect of U.S. trade ...
ING's Francesco Pesole said in a note. This signals "only very cautious optimism that this development can lower the risk of Canada being hit by U.S. tariffs." The Canadian dollar is likely to be ...
The Canadian Dollar backslid around 0.4% against the Greenback ... from CFDs to Forex pairs like EUR/USD and Gold. Note: All information on this page is subject to change. The use of this website ...
Canada’s beleaguered loonie has had a difficult year, losing about eight per cent of its value against the U.S. dollar in 2024. At today’s exchange rates, you’ll need to spend about C$1.43 to purchase ...