Oil prices matter for Canada. Official data from the EIA shows that the United States buys around 3.5 million barrels of oil a day from Canada.
Read more … →October's election and BoC meeting have not resulted in a shift away from the bearish Canadian dollar forecasts held at BNP Paribas.
Read more … →The Bank of Canada meets on the 21st of October to decide on its next steps regarging monetary policy.
Read more … →The National Bank of Canada (NBC) have said they are predicting the Canadian dollar to endure weakness over coming weeks.
Read more … →Forecasts from Barclays confirm the Canadian dollar will likely maitain a downward bias into 2016.
Read more … →Commodity prices have recovered strongly in October prompting the Canadian dollar to move higher.
Read more … →The outlook for the Canadian economy is however improving and this will likely keep a lid on any runaway declines in CAD.
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