Home » Forex » CAD

CAD news

Here’s why the USD/CAD has plunged ahead of BOC interest rate decision
2nd June
  • The USD/CAD has declined to the lowest level since March 9 ahead of the BOC interest rate decision.
  • The downward momentum is primarily because of the surging crude oil price.
  • It is also because of the flattening of the coronavirus curve in Canada and the reopening.

Latest CAD news

2nd April
Canadian dollar rises as crude oil prices makes a comeback
27th March
Bank of Canada cuts rates again by 50 basis points to 0.25% to combat Coronavirus
23rd March
Statistics Canada reveals a 1.8% increase in wholesale sales in January
20th March
Retail sales climb 0.4% in Canada despite rising pressures from the Coronavirus pandemic
18th March
Statistics Canada reveals a marginal increase in consumer prices in February
8th March
Statistics Canada reveals a broader than anticipated trade deficit of C$1.47 billion in January
7th March
Canada’s labor market continues to show resilience with 30.3K new jobs added in February
5th March
Bank of Canada resorts to easing rates for the first time in nearly 5 years amidst Coronavirus crisis
28th February
Economic growth in Canada slumps to a 0.3% annualized rate in the fourth quarter
22nd February
Canadian retail sales remain unchanged on a monthly basis at C$51.65 in December
19th February
Statistics Canada reveals a 2.4% growth in Canada’s annual inflation
18th February
December’s report suggests a sharp decline in manufacturing sales in Canada
11th February
USD/CAD prints a 4-month high despite optimism of the housing starts and building permits data
8th February
Economy rejoices as Statistics Canada announces over twice as many jobs added in January as expected
31st January
Canadian GDP unexpectedly gains 0.1% in November
24th January
Canadian retail sales surge to 0.9% in November versus the analysts’ forecast of 0.6%
22nd January
Statistics Canada reveals core inflation at 2.10% in December ahead of the BoC’s rate statement
1 2 3 4 5 6 7 8 9 38

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.