Canada Unemployment Rate
The unemployment rate in Canada measures the number of persons who are actively seeking employment as a percent of the overall labor market.
A higher than expected figure should be seen as negative (bearish) for the CAD while a lower than expected figure should be seen as positive (bullish) 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 |
|
|
1.3527 -61 pips |
1.3672 -84 pips |
1.35879 | |
| AUDCAD |
|
|
0.9155 -90 pips |
0.9190 +55 pips |
0.92452 | |
| CADJPY |
|
|
102.3395 -271 pips |
109.5444 -449 pips |
105.052 | |
| EURCAD |
|
|
1.4971 -149 pips |
1.5100 +20 pips |
1.51200 | |
| GBPCAD |
|
|
1.7690 -295 pips |
1.7877 +108 pips |
1.79850 | |
| NZDCAD |
|
|
0.8368 -82 pips |
0.8384 +66 pips |
0.84499 | |
| CADCHF |
|
|
0.6245 +8 pips |
0.6496 -259 pips |
0.62371 |
News (CAD)
Bank Of Canada Cuts Interest Rates By Quarter Point For Third Straight Meeting
For the third straight meeting, the Bank of Canada on Wednesday announced that is decided to lower interest rates by another quarter point. The Bank of Canada announced its widely expected decision to reduce its target for the overnight rate by 25 basis points to 4.25 percent, with the Bank Rate at 4.50 percent and the deposit rate at 4.25 percent.
RTTNews | 14 days ago
Bank Of Canada Lowers Interest Rates By Another Quarter Point
In a widely expected move, the Bank of Canada on Wednesday announced its decision to lower interest rates by another quarter point. The Bank of Canada said it has reduced its target for the overnight rate by 25 basis points to 4.5 percent, with the bank rate at 4.75 percent and the deposit rate at 4.5 percent.
RTTNews | 56 days ago
Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
RTTNews | 105 days ago
