Breaking News: CAD/USD – Market Insights, Analysis & Latest Updates

Canada stocks lower at close of trade; S&P/TSX Composite down 0.36%

Canada's stock market fell 0.36% with notable losses in REITs and Consumer Discretionary sectors, while gold and crude oil prices showed modest increases.

investing.com • 25/10/2024 - 20:30 PM

Canada stocks lower at close of trade; S&P/TSX Composite down 0.09%

Canada stocks dipped post-close due to losses in key sectors. Celestica saw significant gains, while gold futures rose. Overall market activity showed more rising stocks than falling.

investing.com • 24/10/2024 - 20:30 PM

CAD/USD

Bank of Canada may need another big rate cut to adjust for slow growth, economists say

Economists predict the Bank of Canada will need to cut interest rates again due to overly optimistic growth forecasts, with a potential 50 basis point cut in December.

investing.com • 24/10/2024 - 14:06 PM

CAD/USD

Bank of Canada likely to reduce benchmark borrowing costs by 50 bps

investing.com • 23/10/2024 - 10:01 AM

Canada stocks lower at close of trade; S&P/TSX Composite down 0.40%

Canada stocks declined due to losses in various sectors; MAG Silver and IAMGold performed well. Crude oil and gold prices gained, while CAD remained stable against USD and EUR.

investing.com • 21/10/2024 - 20:30 PM

CAD/USD

Bank of Canada most likely to cut rates by 50 bps next week

investing.com • 18/10/2024 - 10:02 AM

Big central banks are firmly in rate-cut mode

Seven major developed-market central banks have started easing policies amid shifting expectations, primarily driven by inflation trends and economic conditions across various regions.

investing.com • 17/10/2024 - 13:40 PM

CAD/USD

Bank of Canada to cut rates by 50 bps on Oct. 23; next move unclear: Reuters poll

The Bank of Canada is expected to cut its overnight rate by 50 basis points due to easing inflation, though economists remain divided on future rate projections.

investing.com • 17/10/2024 - 13:04 PM

CAD/USD

Faster move to neutral rate could help Bank of Canada fend off below-target inflation

The Bank of Canada is expected to lower interest rates faster than the U.S. Federal Reserve due to weak growth and risks of below-target inflation.

investing.com • 11/10/2024 - 09:01 AM

Canada stocks higher at close of trade; S&P/TSX Composite up 0.32%

investing.com • 10/10/2024 - 20:30 PM

Currency