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Tag: bank of canada

USD/CAD Outlook: Canadian Dollar Surges Despite Falling Oil

On Friday, oil prices temporarily increased after the initial shock that Israel had attacked Iran. Economic data points to more upside potential for the USD/CAD...

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CIBC sees Bank of Canada on track for June cut and 100 bps of easing this year | Forexlive

High risk warning: Foreign exchange trading carries a...

Canadian dollar dives as US CPI dampens Fed easing hopes

Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably...

Gold Price Maintains Up Bias with Focus on US CPI, FOMC

The gold price remains bullish as long as it stays above 2,338. The US data should show sharp movements. Only a new higher high activates further...

USD/CAD Forecast: Rate Cut Bets Surge Ahead of US CPI

Analysts expect the headline US inflation figure to have slowed to 0.3% in March. The likelihood of a Fed cut in June rose to 58%.  Traders...

RMI & 5 Global Banks Launch The Pegasus Guidelines — A Voluntary Emissions Measurement & Reporting Standard For The Aviation Sector – CleanTechnica

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! RMI, in cooperation with leading global banks—BNP Paribas, Citi, Crédit...

The Week Ahead – Fed rate cut confirmation – Orbex Forex Trading Blog

EURUSD hoping to hold on to gains The euro bounced back from the February low as Jerome Powell reiterated the Fed was at a...

USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

US unemployment claims rose more than expected last week. Data revealed a slowdown in the US services sector. Oil prices rose on Thursday amid supply concerns. The...

Can Canada Harvest the Next Wave of Productivity Growth?

Productivity | March 29, 2024 Image: McKinsey, Investing in Productivity Growth (Exhibit 5)Global Productivity Grew Sixfold in 3 Decades but Advanced Economies Have SlowedAccording...

USD/CAD Forecast: Bank of Canada Flags Low Productivity

BoC’s Carolyn Rogers urged businesses to increase productivity by supporting investment. Data from Canada revealed a 0.8% increase in wholesale trade in February. The dollar was...

The Ripple Effect of CBDCs on Bank Lending and Profitability

Report | March 25, 2024 Image: BoC Staff Working Report, CBDC: Banking and AnonymityBoC Staff Paper Explores the Delicate Balance Between CBDC and Bank...

USD/CAD treads water near 1.3600 amid higher Crude oil prices

USD/CAD attempts to continue its winning streak on Monday. Fed member Bostic forecasted only one interest rate cut instead of his earlier projection of two...

USD/CAD Weekly Forecast: Resilient Economy Boosts Greenback

Data revealed a bigger-than-expected drop in Canada’s inflation. The dollar initially weakened after a dovish FOMC meeting. Next week, traders will get to assess GDP data...

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