Canadian Dollar whipsaws on tariff talk and CPI prints
Cooling headline inflation figures will be more than enough to push the Bank of Canada (BoC) into a fresh batch of rate cuts; interest rate futures traders are now pricing in 83% odds of a 25 bps rate trim from the BoC next week, up slightly from the previous 78%.
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There are 161 currencies in use around the world but just 6 of them dominate the foreign currency exchange market. Here's why ...
2000 Currency analysts at ING expect ... MUFG notes strength in Canadian dollar fundamentals and expects the Bank of Canada (BoC), but doubts whether a key level... - The Pound-Euro exchange ...
The Canadian dollar fell to its weakest in nearly five years following remarks from US President Donald Trump, who indicated that he would soon impose tariffs on the US’s neighbors.
The Canadian dollar is important in the forex market because it is one of the most traded currencies worldwide.
At the time of writing GBP/CAD traded at around CA$1.7513, virtually unchanged from Wednesday’s opening rate. The Pound (GBP) managed to hold steady against most of its peers on Wednesday and ...
Less than a day after exiting bullish dollar option trades, some leveraged funds found themselves back in them on Tuesday ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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