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Canada New Motor Vehicle Sales
When it comes to new motor vehicle sales in Canada, the term refers to the total number of new motor vehicles sold in a given month, which includes both passenger cars and trucks.
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 |
|
|
1.3951 -367 pips |
1.4383 -65 pips |
1.43175 | |
| AUDCAD |
|
|
0.9036 -35 pips |
0.9093 -22 pips |
0.90707 | |
| CADJPY |
|
|
102.3038 -227 pips |
107.4607 -288 pips |
104.576 | |
| EURCAD |
|
|
1.5343 -277 pips |
1.5619 +1 pips |
1.56202 | |
| GBPCAD |
|
|
1.8231 -346 pips |
1.8554 +23 pips |
1.85769 | |
| NZDCAD |
|
|
0.8250 -41 pips |
0.8309 -18 pips |
0.82908 | |
| CADCHF |
|
|
0.6164 +28 pips |
0.6378 -242 pips |
0.61357 |
News (CAD)
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 | 7 days ago
Bank Of Canada Cuts Interest Rates, Warns About Impact Of Potential Tariffs
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer price inflation remains close to 2 percent and the economy is in excess supply. After cutting rates by 50 basis points at each of its two previous meetings, the Bank of Canada decided to lower the overnight rate by 25 basis points to 3 percent.
RTTNews | 49 days ago
Bank Of Canada Slashes Interest Rates By Another 50 Basis Points
With inflation around 2 percent, the economy in excess supply, and recent indicators tilted towards softer than projected growth, the Bank of Canada on Wednesday announced its widely expected decision to slash interest rates by another half point.
RTTNews | 98 days ago
