Canada Inflation Rate MoM
The change in the price of goods and services from one month to the next is measured by Inflation Rate MoM.
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 |
|
|
1.3482 -111 pips |
1.3644 -51 pips |
1.3593 | |
| AUDCAD |
|
|
0.8880 -37 pips |
0.8998 -81 pips |
0.8917 | |
| CADJPY |
|
|
102.9609 -409 pips |
107.6589 -61 pips |
107.048 | |
| EURCAD |
|
|
1.4486 -151 pips |
1.4724 -87 pips |
1.46369 | |
| GBPCAD |
|
|
1.6807 -241 pips |
1.7099 -51 pips |
1.70481 | |
| NZDCAD |
|
|
0.8202 -110 pips |
0.8358 -46 pips |
0.83124 | |
| CADCHF |
|
|
0.6468 -5 pips |
0.6702 -229 pips |
0.64726 |
News (CAD)
Bank Of Canada Leaves Rates Unchanged, Warns Further Increases May Be Needed
In a widely expected move, the Bank of Canada on Wednesday announced that it has decided to leave interest rates unchanged. The Canadian central bank attributed the decision to clearer signs that monetary policy is moderating spending and relieving price pressures.
RTTNews | 46 days ago
Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns
Citing persistent underlying price pressures, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate to 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
RTTNews | 151 days ago
Bank Of Canada Resumes Raising Interest Rates
After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.75 percent, citing stubbornly high inflation and stronger than expected economic growth.
RTTNews | 186 days ago
