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Canada Budget Balance
Budget balance in the context of the government is the difference between government revenues and expenses, excluding interest on public debt costs in Canada. When expenditures equal receipts, the budget is balanced, when revenues exceed expenditures, the country reports a budget surplus, and when expenditures exceed revenues, the country reports a budget deficit.
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 |
|
|
1.3645 -49 pips |
1.3924 -230 pips |
1.36939 | |
| AUDCAD |
|
|
0.8849 -104 pips |
0.8968 -15 pips |
0.89532 | |
| CADJPY |
|
|
104.5053 -235 pips |
108.5227 -167 pips |
106.853 | |
| EURCAD |
|
|
1.5662 -380 pips |
1.5982 +60 pips |
1.60416 | |
| GBPCAD |
|
|
1.8203 -404 pips |
1.8624 -17 pips |
1.86068 | |
| NZDCAD |
|
|
0.8126 -91 pips |
0.8276 -59 pips |
0.82168 | |
| CADCHF |
|
|
0.5919 +125 pips |
0.6175 -381 pips |
0.57940 |
News (CAD)
Bank Of Canada Once Again Leaves Interest Rates Unchanged
The Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged for the second consecutive meeting. The Canadian central bank 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 | 35 days ago
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 | 84 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 | 119 days ago
