TAG: Bank of Canada
Weak job data sends Canadian dollar slips to 4-month low
The Canadian dollar is showing limited movement on Monday. In the European session, USD/CAD is trading at 1.3598, up 0.06%. Canada and the US both released March employment reports on Friday, with Canada posting a weak reading while US nonfarm payrolls bl...
6 months ago
Canadian dollar gets spanked, BoC holds rates
The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%. BoC holds interest rates There were no surprises from the Bank of Canada, which maintained the cash rat...
6 months ago
Canadian dollar extends losses as Canada’s inflation rises
The Canadian dollar is down for a fifth straight day and has slipped 1.9% during that time. In the North American session, USD/CAD is trading at 1.3840, up 0.37%. Canada’s inflation rises to 2.9% Canada’s inflation rate for March rose to 2.9% y/y, ticking...
6 months ago
Canadian dollar dips as retail sales fall
The Canadian dollar is in negative territory on Wednesday after a five-day winning streak in which it gained 1.1%. In the North American session, USD/CAD is trading at 1.3703, up 0.29%. Canada’s retail sales down in February Canadian consumers are holding...
5 months agoCanada’s job growth sparkles but Canadian dollar falls
The Canadian dollar can’t find its footing and is trading at nine-week low against the US dollar. In the North American session, USD/CAD is trading at 1.3792 at the time of writing, up 0.21%. The Canadian dollar has recorded eight straight losing sessions...
1 day ago
Canadian dollar can’t find its footing, Can. CPI next
The Canadian dollar has declined against the US dollar for a tenth consecutive trading day and has fallen 2.1% in October. In Tuesday’s session, USD/CAD is trading at 1.3811 at the time of writing, up 0.11%. Canada’s inflation rate expected to fall below...
1 day ago
Canadian dollar breaks nine-day slide as CPI falls
The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is trading at 1.3786 at the time of writing, up 0.09%. The Canadian dollar finally ended a nasty nine-day slide on Tuesday, posting slight gains after Canada’s...
24 minutes ago