Headline Canadian CPI inflation accelerated to 2.6% YoY in February, well above the median market forecast of 2.1% and rising ...
The CPI data comes less than a week after the Bank of Canada further cut its overnight rate, noting in its statement that it “will be closely monitoring inflation expectations.
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%-4.50% on Wednesday, the second consecutive pause since it began its easing cycle in September.
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The USD/CAD forecast shows increased bearish momentum after downbeat US inflation data while CAD gained on cautious BoC.
Amidst a deluge of on-again, off-again tariff pronouncements on both sides of the 49th parallel, USD/CAD traders are happy to have at least one cut-and-dried economic development to sink their teeth ...
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at ...
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
The Canadian Dollar (CAD) recovered some ground on Wednesday, bolstered by a general easing in Greenback market flows. The Loonie gained roughly one-half of one percent against the US Dollar, pushing ...
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United ...
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on Wednesday, March 12, bringing it to 2.75 ...
FxWirePro- CADJPY Trade Idea CAD/JPYdeclined slightly after BOC rate cut. It hits an intraday high of 103.62 and is currently ...
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