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Canadian dollar lags G10 peers as investors eye more rate cuts
The Canadian dollar edged down to an 11-week low against its U.S. counterpart on Thursday as investors bet the Bank of Canada would need to cut interest rates further to bolster a sluggish domestic economy.
Canadian Dollar flat, BoC poised to cut rates
The markets anticipate an oversized 50bp cut, as economic growth has been weak, wage growth remains high and inflation is heading lower. Inflation dropped to 1.6% y/y in September, below expectations and moving back below the BoC’s target of 2% for the first time in three years.
Top headlines: Canadian dollar drops after Bank of Canada holds rates — what it means for you
Today’s top headlines Big grocers being cagey about their inflation-busting plans, but many are already in place Theo Argitis: Return to normal is proving elusive for Bank of Canada Wave of job cuts ‘probably just the beginning’ at Canadian banks Banks are taking it on the chin,
1d
on MSN
Canadian dollar hits 11-week low on 'aggressive' Bank of Canada
The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday as the Bank of Canada cut interest ...
1d
Investors should underweight Canadian equities, but load up on banks: BMO GAM chief investment officer
Heightened bullish sentiment has helped lift the S&P/TSX Composite Index nearly 2,000 points, or about 8 per cent, since Sept ...
1d
The Canadian Dollar to outperform versus other commodity currencies – ING
Markets are pricing in 45bp of easing by the Bank of Canada today. The reasoning is that inflation has now slowed below ...
1d
on MSN
Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The ...
3d
What every Canadian investor needs to know today
The Dow Jones Industrial Average fell 0.12 per cent to 43,222.21, the S&P 500 slid 0.12 per cent to 5,857.82, and the Nasdaq ...
5d
Trade Alert: My Top Canadian Bank Pays High Dividends - Scotiabank
Discover why Scotiabank (BNS) is a reliable income source for retirement portfolios, offering strong long-term income ...
2d
on MSN
Canadian dollar edges higher on calmer bond market
The Canadian dollar strengthened slightly against its U.S. counterpart on Tuesday, as the recent move higher in U.S. bond ...
7d
Canadian Dollar Feb 2025
Complete Canadian Dollar Feb 2025 futures overview by Barron's. View the CDG25 futures and commodity market news with real-time price data for better-informed trading.
6d
Big tobacco companies reach tentative multibillion-dollar settlement with Canada
TORONTO — Three large tobacco companies would pay nearly $24 billion to settle a long-running legal battle in Canada, ...
1d
Forex: J$159.06 to one US dollar
The US dollar on Wednesday, October 23, ended trading at $159.06 down by 21 cents, according to the Bank of Jamaica’s daily ...
1d
BoC looks set for another interest rate cut, with markets tilting toward 50 basis points trim
There is broad anticipation that the Bank of Canada (BoC) will cut its policy rate for the fourth consecutive meeting on ...
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