Canada Imports
In Canada, consumer goods accounted for 20% of total imports in 2018, followed by motor vehicles and parts (19%), electronic and electrical equipment and parts (12%), industrial machinery, equipment, and parts (11%), basic and industrial chemical, plastic, and rubber products (8%), metal and non-metallic mineral products (7%), and energy products (6%). Canada's largest trading partners were the United States (which accounted for 64% of total imports), the European Union (10%), with Germany accounting for 3%, China (8%), Mexico (3%), and Japan (2%).
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 |
|
|
1.3575 -116 pips |
1.3726 -35 pips |
1.36910 | |
| AUDCAD |
|
|
0.8868 -38 pips |
0.8937 -31 pips |
0.89057 | |
| CADJPY |
|
|
111.3704 -230 pips |
111.9836 +169 pips |
113.674 | |
| EURCAD |
|
|
1.4588 -74 pips |
1.4691 -29 pips |
1.46621 | |
| GBPCAD |
|
|
1.6957 -114 pips |
1.7096 -25 pips |
1.70712 | |
| NZDCAD |
|
|
0.8116 -19 pips |
0.8200 -65 pips |
0.81352 | |
| CADCHF |
|
|
0.6597 -76 pips |
0.6799 -126 pips |
0.66725 |
News (CAD)
Bank Of Canada Leaves Rates Unchanged As Inflation Remains 'Too High'
The Bank of Canada announced its widely expected decision to once again leave interest rates unchanged on Wednesday, saying inflation is still "too high." The Canadian central bank held its target for the overnight rate at 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
RTTNews | 14 days ago
Bank Of Canada Leaves Rates Unchanged Amid Ongoing Inflation Concerns
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The decision to leave rates unchanged came as the Bank of Canada said its Governing Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation.
RTTNews | 49 days ago
Bank Of Canada Leaves Rates Unchanged, Still Concerned About Inflation Outlook
Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The decision to leave rates unchanged comes as the Bank of Canada said its Governing Council is "still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation."
RTTNews | 91 days ago
