The Bank of Canada (BoC) has initiated a "pause" in its monetary policy tightening cycle following an eighth increase in its cash rate this week but some local strategists say the latest policy ste…
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The Bank of Canada raised its base interest rate 25 basis points to 4.5% and said it was now time to pause the rate hiking cycle to assess its impact on the economy.
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CAD to benefit on 25bp hike says Barclays but NBC warns this will "break the camel's back".
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The Pound to Canadian Dollar exchange rate has retreated from January highs and could be likely to consolidate its earlier gains this week unless the Bank of Canada (BoC) calls time on its interest…
Read more … →The Canadian Dollar dug its heels in against some currencies to end a week of underperformance on Friday after retail sales data suggested economic resilience ahead of the festive period, though no…
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The Pound to Canadian Dollar exchange rate remained buoyant near one-month highs in the penultimate session of the week but could have scope to rise further, according to technical analysis from Sc…
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The Pound to Canadian Dollar exchange rate reached one-month highs after Canada's inflation rates fell further than was expected for the month of December in what is another sign of the Bank of Can…
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