Canada Current Account
The Current Account balance is calculated as the difference between exports minus imports of products and services, net factor income (such as interest and dividends), and net transfer payments (such as foreign aid).
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 |
|
|
1.3893 -113 pips |
1.4092 -86 pips |
1.40059 | |
| AUDCAD |
|
|
0.8982 -173 pips |
0.9168 -13 pips |
0.91547 | |
| CADJPY |
|
|
108.0230 -237 pips |
110.7129 -31 pips |
110.398 | |
| EURCAD |
|
|
1.5733 -489 pips |
1.6252 -30 pips |
1.62222 | |
| GBPCAD |
|
|
1.8097 -312 pips |
1.8541 -132 pips |
1.84089 | |
| NZDCAD |
|
|
0.7971 +49 pips |
0.8012 -90 pips |
0.79220 | |
| CADCHF |
|
|
0.5727 +17 pips |
0.6104 -394 pips |
0.57100 |
News (CAD)
Bank Of Canada Cuts Interest Rates By Another Quarter Point
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates once again, cutting rates by a quarter point for the second consecutive meeting. The Canadian central bank said it reduced its target for the overnight rate by 25 basis points to 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
RTTNews | 13 days ago
Bank Of Canada Lowers Interest Rates By A Quarter Point
After leaving interest rates unchanged for three straight meetings, the Bank of Canada on Wednesday announced its widely expected decision to lower rates by a quarter point. The Bank of Canada said it decided to reduce its target for the overnight rate by 25 basis points to 2.5 percent, with the Bank Rate at 2.75 percent and the deposit rate at 2.45 percent.
RTTNews | 55 days ago
Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided 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 | 104 days ago
