07 February 2025 Canadian Dollar Rallies on Jobs Report, But Analysts Warn It's Not Out of the Woods

The Canadian Dollar strengthened into the weekend, helped by an above-consensus Canadian labour market report.

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10 January 2025 Canadian Dollar Boosted by Strong Employment Report

The Canadian Dollar outperformed following the release of consensus-beating employment numbers.

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17 December 2024 Canadian Dollar: Inflation Undershoot Points to Further Downside

The Canadian Dollar is tipped to stay under pressure following an undershoot in Canadian inflation data.

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12 December 2024 RBC Forecasts Brighter Economic Prospects for Canada in 2025

Canada's economy is poised for brighter days ahead, according to a new report by RBC, one of Canada's largest banks.

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06 December 2024 Canadian Dollar: Wages Disappoint, Unemployment Rate Surges

The Canadian Dollar fell after wage and unemployment data for November opened the door to a 50 basis point rate cut at the Bank of Canada next week.

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15 October 2024 Canadian Dollar Falls: Inflation Secures 50bp Bank of Canada Rate Cut

The Canadian Dollar was sold after inflation proved softer than markets were expecting in September.

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06 September 2024 Canadian Dollar: GBP/CAD Strengthens as Job Report Keeps Alive Prospect of 50bp BoC Cut

The Canadian Dollar fell following a below-consensus labour market report that keeps alive the prosepct of the Bank of Canada stepping up the pace of its rate cutting cycle with a 50 basis points c…

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30 August 2024 GDP Data Shows Canadian Dollar's Rally Built on Weak Fundamentals

CAD is the best-performing G10 currency on the day it is reported the Canadian economy grew at an annualised rate of 2.1% in Q2, which is above the 1.8% rate expected by the consensus of economists…

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20 August 2024 Canadian Dollar Slides After Disinflation Trend Continued in July

The Canadian Dollar dropped in value against all its peers after new data showed a continued cooling in Canadian inflation, raising the odds of further Bank of Canada rate cuts in the coming months…

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16 July 2024 Canadian Dollar Stands to Gain if Core Inflation Has Scuppered July Rate Cut

The Canadian Dollar is one of the better-performing G10 currencies following the release of Canadian inflation figures, which question the appropriateness of another Bank of Canada interest rate cu…

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25 June 2024 Canadian Dollar: Inflation Surprise

The Canadian Dollar jumped after Canadian inflation unexpectedly rose in May and prompted investors to question whether the Bank of Canada could cut interest rates any further.

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16 April 2024 Pound to Canadian Dollar Rate Rallies on Soft Canadian Inflation Print

The Canadian Dollar was sold after Canadian inflation data printed softer than expected and raised the odds of a June rate cut at the bank of Canada.

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05 April 2024 Canadian Dollar Slumps After Cracks in Canada's Jobs Market Widen

The Canadian Dollar was sold across the board as fissures in Canada's jobs market opened, leading to increased bets the Bank of Canada can no longer afford to delay cutting interest rates.

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19 March 2024 Canadian Dollar: Inflation Surprise Pressures Bank of Canada to Cut Interest Rates

The Canadian Dollar fell after it was reported Canadian inflation was softer than markets were expecting in February, opening the door to Bank of Canada rate cuts.

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29 February 2024 Canadian Dollar Boosted by GDP Surprise, But Trade Masks Domestic Weakness

The Canadian Dollar was boosted across the board by a set of better-than-expected economic growth figures; however, gains will be constrained by the details of the report that showed domestic deman…

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31 October 2023 Canadian Dollar: GDP Disappointment Brings Rate Cuts Closer Say Economists

The Canadian Dollar looks set to remain under pressure against the U.S. Dollar and other major currencies after economic growth data for September could mean the next move by the Bank of Canada wil…

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06 October 2023 Canadian Dollar Boosted by Strong Jobs Growth, But Finer Details Could Curb Enthusiasm

The Canadian Dollar rallied against the Dollar, Pound, Euro and all other G10 currencies after Canada created more than three times the number of jobs in September than the market had expected.

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19 September 2023 Canadian Dollar Leaps on Surprise Inflation Print

The Canadian Dollar leapt higher on a surprisingly strong set of inflation figures that put the market on watch for another Bank of Canada rate hike, and perhaps more significantly, a global inflat…

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04 August 2023 Canadian Dollar Lower on Canada's Job Data Undershoot

The Pound to Canadian Dollar exchange rate (GBPCAD) rose on news Canada shed jobs in July, but the upside will prove potentially limited due to a bumper increase in wage settlements.

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18 July 2023 Canadian Dollar Shifts Lower on Surprise Inflation Undershoot

CAD extended a trend of weakness against the majority of its peers after headline Canadian inflation numbers undershot expectations by a sizeable margin, however, a stubborn trimmed mean inflation …

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