Tag: Canada
Canadian Dollar Stable as Investors Await GDP Data – Action Forex
The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's GDP report. Currently, USD/CAD is trading at 1.4005, showing a...
Canada’s Q3 GDP Growth Slows to 0.3%, Per Capita Output Declines for Sixth Consecutive...
Canada's economy saw a slowdown in growth during the third quarter of the year, with a 0.3% increase compared to the previous quarter. This is a decline from the 0.5% growth seen in both...
Loonie’s Turbulent Times: What to Expect and How to React – Action Forex
The Canadian dollar took a hit recently, dropping over 1.4% against the US dollar. This drop came after President Trump's threats to impose new tariffs on goods from Mexico and Canada. The USDCAD pair...
Canada’s CPI Rebounds to 2% in Oct, Services Inflation at Lowest Since Jan 2022
Canada's inflation picked up speed in October, reaching an annual rate of 2.0% year over year. This was slightly higher than the expected 1.9% and an improvement from September's 1.6% year over year. The...
Canadian Inflation Analysis: BoC Rate Cut Impact – Action Forex
Canada's inflation report for October is set to be released soon, and all eyes are on it after it fell below the Bank of Canada's 2% target for the first time since 2021 in...
Canada New Housing Price Index Remains Unchanged in September | Forexlive
The Canada New Housing Price Index remained unchanged in September, according to a report by Forexlive. This indicates stability in the housing market, with no significant increase or decrease in prices during the month.It...
Canada’s Inflation Forecast: Continuous Decline Below 2% – Action Forex
Canadian inflation is expected to continue its decline below the Bank of Canada's 2% target, with falling energy prices in September likely pushing it even lower than in August. Year-over-year headline CPI is predicted...