FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
The Bank of Canada follows the Fed's strategy. At the same time, it is more frank in its forecasts... and more successful
The Bank of Canada raised interest rates by 75 basis points to a 14-year high on Wednesday, while saying that the discount rate should be higher, given the fight against...
Analysts predict strengthening of the Canadian dollar
The Canadian dollar will strengthen in the coming year, according to analysts interviewed by journalists. This version is supported by the fact that the Bank of Canada is potentially aggressively...
Canada's economy is growing
Canada's economy posted gains in February, gaining for three consecutive quarters, showing just how successful a major commodity nation can be in times of global uncertainty. Real gross domestic product...
Experts predict hike in Canada's prime lending rate
Against the background of strong economic data from the Statistics Canada a day earlier, the central bank is likely to raise interest rates more quickly. The Bank of Canada...
The Canadian dollar is declining amid geopolitics
On Thursday, the Canadian dollar fell to its lowest level since December against the US dollar, as Russia's invasion of Ukraine triggered a flight to safe havens in global financial...
Canadian dollar shows decline
The Canadian dollar fell against its US counterpart on February 17, as the price of oil, one of Canada's main exports, fell and rising tensions over Ukraine supported demand...