USD/CAD Future - Dec 22 (CARTSc1)

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Flat Q3 GDP pushes USD/CAD to one-year peak amid forecasted rate reduction By Investing.com - Nov 01, 2023

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 comes on...

Bank of Canada holds rate at 5%, US dollar surges against loonie By Investing.com - Oct 26, 2023

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 policy. This...

Canadian homebuyers fret over potential rate hikes By Investing.com - Oct 24, 2023

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 decision,...

Bank of Canada Expected to Maintain Lending Rate Amid Easing Inflation and Economic Slowdown By Investing.com - Oct 23, 2023

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 highest rate...

Canadian retail sales decline for first time in five months By Investing.com - Oct 20, 2023

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 downturn,...

Canadian inflation eases, central bank may hold rates steady By Investing.com - Oct 18, 2023

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, according to...

Canadian Inflation Slows Down, Central Bank Faces Challenges By Investing.com - Oct 17, 2023

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...

Base metals, finance and tech stocks boost North American markets By Investing.com - Oct 17, 2023

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 hits decade low amid inflation concerns By Investing.com - Oct 17, 2023

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 marked a...

Bank of Canada anticipates further rate hikes amid inflation and geopolitical concerns By Investing.com - Oct 14, 2023

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 meetings in...

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