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Canada Inflation Rate YoY
Shelter 27.5% and Transportation 19.3% in Canada are the most important elements in the CPI basket. Food accounts for 16.1%, Household Operations, Furnishings and Equipment 11.8%, Recreation & Education and Reading for 11.8 %, Clothing and Footwear 5.7%, Health and Personal Care account for 5%, and Alcoholic Beverages and Tobacco Products account for the final 3%. The Consumer Price Index basket is evaluated every four years based on data collected from household surveys. The current weights are based on expenditure patterns that occurred throughout the year 2009.
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 |
|
|
1.3646 -54 pips |
1.3930 -230 pips |
1.36996 | |
| AUDCAD |
|
|
0.8849 -101 pips |
0.8968 -18 pips |
0.89499 | |
| CADJPY |
|
|
104.5561 -235 pips |
108.5807 -167 pips |
106.910 | |
| EURCAD |
|
|
1.5663 -373 pips |
1.5980 +56 pips |
1.60360 | |
| GBPCAD |
|
|
1.8203 -403 pips |
1.8625 -19 pips |
1.86065 | |
| NZDCAD |
|
|
0.8126 -84 pips |
0.8276 -66 pips |
0.82099 | |
| CADCHF |
|
|
0.5919 +112 pips |
0.6175 -368 pips |
0.58068 |
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
