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Canada Housing Starts
A housing start is defined in Canada as the commencement of construction work on the building in which the dwelling unit will be housed. In most cases, this refers to the stage at which the concrete has been poured for the entire footing around the structure; in other cases, it refers to an equivalent stage at which a basement will not be included in the construction.
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 -45 pips |
1.3924 -234 pips |
1.36900 | |
| AUDCAD |
|
|
0.8850 -106 pips |
0.8968 -12 pips |
0.89560 | |
| CADJPY |
|
|
104.5101 -233 pips |
108.5204 -168 pips |
106.845 | |
| EURCAD |
|
|
1.5662 -385 pips |
1.5982 +65 pips |
1.60468 | |
| GBPCAD |
|
|
1.8204 -410 pips |
1.8624 -10 pips |
1.86143 | |
| NZDCAD |
|
|
0.8126 -98 pips |
0.8276 -52 pips |
0.82237 | |
| CADCHF |
|
|
0.5919 +122 pips |
0.6175 -378 pips |
0.57970 |
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
