Tag: Canadian economy
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)...
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...
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...
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...
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...
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...
Breaking Financial News
Senate Passes Social Security Benefits Increase for Public Workers with Specific...
The Senate has passed a critical bill that will increase Social Security benefits for specific public workers, bringing relief to millions affected by provisions...
