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Canada Balance of Trade
Canada experienced a trade surplus every year between 1970 and 2008. With the exception of the years 2011 and 2014, the trade balance has been in deficit since 2009. The highest trade deficits were reported with China, Germany, and Mexico in 2018, while the largest trade surpluses were recorded with the United States, the United Kingdom, and Norway in the same year.
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 |
|
|
1.3813 -171 pips |
1.4168 -184 pips |
1.39837 | |
| AUDCAD |
|
|
0.8825 -124 pips |
0.8974 -25 pips |
0.89485 | |
| CADJPY |
|
|
101.6677 -269 pips |
106.8678 -251 pips |
104.357 | |
| EURCAD |
|
|
1.5277 -307 pips |
1.5633 -49 pips |
1.55841 | |
| GBPCAD |
|
|
1.8085 -468 pips |
1.8500 +53 pips |
1.85527 | |
| NZDCAD |
|
|
0.8099 -116 pips |
0.8313 -98 pips |
0.82145 | |
| CADCHF |
|
|
0.6011 +10 pips |
0.6296 -295 pips |
0.60010 |
News (CAD)
Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty
Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 30 days ago
Bank Of Canada Cuts Interest Rates By Another 25 Basis Points
With inflation close to the 2 percent target, the Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by another 25 basis points, making its seventh straight rate cut. The Bank of Canada said it decided to reduce its target for the overnight rate to 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 65 days ago
Bank Of Canada Cuts Interest Rates, Warns About Impact Of Potential Tariffs
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer price inflation remains close to 2 percent and the economy is in excess supply. After cutting rates by 50 basis points at each of its two previous meetings, the Bank of Canada decided to lower the overnight rate by 25 basis points to 3 percent.
RTTNews | 107 days ago
