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Canada Wholesale Sales MoM
As an important indication of the health of the Canadian economy, The Monthly Wholesale Trade Survey provides estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector. Furthermore, the data is used by the business community to analyze market performance.
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 |
|
|
1.3958 -363 pips |
1.4384 -63 pips |
1.43208 | |
| AUDCAD |
|
|
0.9035 -38 pips |
0.9092 -19 pips |
0.90729 | |
| CADJPY |
|
|
102.2926 -231 pips |
107.4565 -285 pips |
104.607 | |
| EURCAD |
|
|
1.5343 -277 pips |
1.5619 +1 pips |
1.56201 | |
| GBPCAD |
|
|
1.8231 -351 pips |
1.8554 +28 pips |
1.85817 | |
| NZDCAD |
|
|
0.8250 -43 pips |
0.8309 -16 pips |
0.82933 | |
| CADCHF |
|
|
0.6164 +26 pips |
0.6378 -240 pips |
0.61375 |
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
