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USD/CAD Pair Ticks Upwards as Dollar Corrects, Jobless Claims Data Weigh
During the Asian trading session on Friday, the USD/CAD pair inched higher to approach 1.3690. The uptick in the pair...
Read moreUSD/CAD Pair Faces Downward Pressure Amidst Rising Crude Oil Prices
In early European trading hours on Monday, the USD/CAD pair remained under pressure, hovering near the 1.3685 mark. The Canadian...
Read moreHow is the Bank of Canada structured?
The Bank of Canada, as the central bank of the nation, plays a pivotal role in the economic landscape of...
Read more4 Functions of the Bank of Canada
In the realm of central banking, few institutions carry as much weight and influence as the Bank of Canada. Established...
Read moreUSD/CAD Continues Decline Amidst Divergent Influences
In the Asian session on Thursday, the USD/CAD pair extends its retreat for a second consecutive day, hovering around 1.3750,...
Read moreEyes on Canada’s CPI Release
Canada is gearing up for the disclosure of its latest inflation figures, set to be unveiled by Statistics Canada on...
Read moreUSD/CAD Pair Maintains Ascendancy Above 1.3650 Amidst Asian Trading Hours
In the realm of Asian trading hours on Thursday, the USD/CAD pair consolidates its position above the 1.3650 mark, buoyed...
Read moreBoC to keep rates at 5.00% in April, strikes dovish tone – TDS
In anticipation of the upcoming policy announcement by the Bank of Canada (BoC), analysts at TD Securities (TDS) have provided...
Read moreHow Does the Bank of Canada Create Money?
The Bank of Canada, as the country's central bank, plays a crucial role in the Canadian economy. One of its...
Read moreUSD/CAD Holds Steady Near 1.3540 Amid Light Trading on Good Friday
During the Asian trading session on Friday, the USD/CAD pair maintained its position around 1.3540, hinting at a potential halt...
Read moreUSD/CAD Holds Firm Amid Central Bank Commentary and Economic Data Anticipation
The USD/CAD pair retains its positive stance, consolidating its gains after a slight pullback on Monday. Trading higher around 1.3600...
Read moreLoonie Surges as Bank of Canada Maintains Hawkish Stance on Interest Rates
Following Wednesday's Bank of Canada (BoC) decision, the Canadian Dollar (CAD) experienced significant gains, causing USD/CAD to plummet by a...
Read moreBank of Canada Expected to Maintain Steady Policy Amidst Currency Challenges
The Bank of Canada (BoC) is anticipated to uphold its current policy rate at 5.0% for the fifth consecutive time,...
Read moreCanadian CPI Data Set to Influence BoC Rate Cut Expectations
On Tuesday at 13:30 GMT, Statistics Canada is set to release the high-impact Consumer Price Index (CPI) data, a crucial...
Read moreUSD/CAD Pair Trades Lower Amidst Holiday Closure and Inflationary Concerns
During the early Asian session on Monday, the USD/CAD pair exhibited weakness, trading below 1.3500. Both US and Canadian markets...
Read moreBank of Canada’s Interest Rate Decision
As anticipation builds for the Bank of Canada's first policy announcement of 2024 on January 24, economists and researchers from...
Read moreUSD/CAD Rises Amid Geopolitical Tensions and Risk Aversion
The USD/CAD pair has extended its winning streak for the fourth consecutive session, driven by a shift in market sentiment...
Read moreUSD/CAD Faces Resistance Below 1.3400
During the early European trading hours on Monday, the USD/CAD pair encounters resistance below the 1.3400 level. The subdued performance...
Read moreDAX on track for record open, US ADP report in focus
European markets had another positive session yesterday with the German DAX hitting a new record high, while the FTSE100 fulfilled...
Read moreBoC policy change expected, Canadian dollar holds firm
The Canadian Dollar is holding steady at the key 1.3700 level, despite recent data showing softer inflation in Canada, suggesting...
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The People's Bank of China (PBOC) plays a crucial role in the Chinese economy through its monetary policy decisions. One...
Why the Indian Rupee Is Not Fully Convertible?
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