Tag: Canadian economy

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Bank of Canada Reduces Policy Rate to 4.5%

The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT)...
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Canadian CPI Release Suggests Bank of Canada Rate Cut – CIBC Analysis

The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported...
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USD/CAD Unchanged Post Canadian GDP and US PCE Data Release

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
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Preparing for a Canadian Recession: Expert Strategies for Success

Foreign exchange trading is a risky venture that may not be suitable for all investors. It involves leverage, which can increase the level of...
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Analyzing BOC’s Macklem Q&A: Labor Force Weakening Revealed

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...

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Jeff Bezos Optimistic About Trump, Will Assist in Reducing Regulation

Jeff Bezos Embraces Trump Administration, Pledges to Reduce RegulationsAmazon founder and executive chairman, Jeff Bezos, expressed optimism about the incoming administration of President Donald...

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