Canada Average Weekly Earnings YoY
Average weekly wages (including overtime) in Canada are calculated by dividing the gross taxable payroll (including overtime) by the number of employees. It is determined for all employees, regardless of their position. The structure of employment by industry, profession, and level of job experience, as well as the average number of hours, worked per week, all influence variations in weekly wages in general.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Forex Sentiment (CAD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDCAD |
|
|
1.3969 -404 pips |
1.4346 +27 pips |
1.43727 | |
| AUDCAD |
|
|
0.8918 -11 pips |
0.9027 -98 pips |
0.89292 | |
| CADJPY |
|
|
105.8078 -253 pips |
110.0144 -167 pips |
108.341 | |
| EURCAD |
|
|
1.4691 -93 pips |
1.4871 -87 pips |
1.47839 | |
| GBPCAD |
|
|
1.7389 -149 pips |
1.7727 -189 pips |
1.75383 | |
| NZDCAD |
|
|
0.8081 +29 pips |
0.8224 -172 pips |
0.80518 | |
| CADCHF |
|
|
0.6301 -42 pips |
0.6586 -243 pips |
0.63428 |
News (CAD)
Bank Of Canada Slashes Interest Rates By Another 50 Basis Points
With inflation around 2 percent, the economy in excess supply, and recent indicators tilted towards softer than projected growth, the Bank of Canada on Wednesday announced its widely expected decision to slash interest rates by another half point.
RTTNews | 36 days ago
Bank Of Canada Slashes Interest Rates By 50 Basis Points
Following three straight quarter point interest rate cuts, the Bank of Canada on Wednesday announced its widely expected decision to slash rates by a half point. The Bank of Canada said it decided to reduce its target for the overnight rate by 50 basis points to 3.75 percent, with the Bank Rate at 4 percent and the deposit rate at 3.75 percent.
RTTNews | 85 days ago
Bank Of Canada Cuts Interest Rates By Quarter Point For Third Straight Meeting
For the third straight meeting, the Bank of Canada on Wednesday announced that is decided to lower interest rates by another quarter point. The Bank of Canada announced its widely expected decision to reduce its target for the overnight rate by 25 basis points to 4.25 percent, with the Bank Rate at 4.50 percent and the deposit rate at 4.25 percent.
RTTNews | 134 days ago
