Loonie Mixed After Bank of Canada’s Tiff Macklem Warns of ‘Structural Change’ from Trump Tariffs
The Canadian dollar struggled to establish a direction against the greenback to kick off the trading week. So far this year, the loonie has survived…
Posts Tagged: Tiff Macklem
Loonie Slumps After Bank of Canada Cuts Interest Rates for Sixth Straight Time
The Canadian dollar extended its losses in the middle of the trading week after the Bank of Canada slashed interest rates by 25 basis points…
Canadian Dollar Weakens After Bank of Canada Weighs How Long To Keep Rates High
The Canadian dollar weakened against its US counterpart in the middle of the trading week as investors digested the latest Bank of Canada (BoC) decision…
Canadian Dollar Weakens As Bank of Canada’s Tiff Macklem Warns of Higher Interest Rates
The Canadian dollar weakened against its major currency rivals on Thursday. Investors were assessing the Bank of Canada’s (BoC) next moves on monetary policy, with…
Canadian Dollar Weakens As Investors Seek Shelter in Greenback Amid Higher-Than-Expected Inflation
The Canadian dollar weakened slightly against its US counterpart to close out the trading week. The loonie, which has pared some of its latest gains…
Canadian Dollar Rises on Smaller Rate Hike, Weak Data
The Canadian dollar rose at a modest pace against its US counterpart toward the end of the trading week. The loonie benefited from the central…
USD/CAD Falls As Bank of Canada Raises Interest Rates for Second Consecutive Month
The Canadian dollar strengthened against its US counterpart in the middle of the trading week, buoyed by the central bank raising interest rates by 50…
Canadian Dollar Plunges As BoC Leaves Interest Rates Unchanged
The Canadian dollar is falling in the middle of the holiday-shortened trading week after the central bank left its key interest rate unchanged while also…