The Canadian Dollar (CAD) is hunting for some green territory against the US Dollar USD to kick off the new trading week.
Canadian Dollar flows try to stage a rebound after last week’s declines. Bank of Canada Governor Tiff Macklem hits newswires later on Monday. Weaker bids on Crude Oil limits CAD upside. The Loonie’s topside remains limited as Crude Oil prices fall back, limiting momentum in the Oil-dependent CAD. Bank of Canada Governor Tiff Macklem will testify before the Canadian federal government’s Standing Senate Committee on Finance later today.
USD/CAD Daily Chart Canadian Dollar FAQs What key factors drive the Canadian Dollar? The key factors driving the Canadian Dollar are the level of interest rates set by the Bank of Canada , the price of Oil, Canada’s largest export, the health of its economy, inflation and the Trade Balance, which is the difference between the value of Canada’s exports versus its imports.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Canadian Dollar Outlook After BoC Stands Pat: USD/CAD, EUR/CAD, AUD/CADCAD is testing the lower end of the past one-year range against USD after BoC governor last week indicated that interest rates may have peaked. What is the outlook for USD/CAD, AUD/CAD, and EUR/CAD?
Consulte Mais informação »
AUD/USD advances toward 0.6400 as US Dollar dips ahead of Fed policyThe AUD/USD pair extends gains above the crucial resistance of 0.6368 in the early New York session. The Aussie asset is approaching the rou
Consulte Mais informação »
US Dollar tumbles ahead of Fed decisionThe US Dollar (USD) experienced a decline in Monday's session towards 106.
Consulte Mais informação »
Dollar edges higher ahead of crucial Fed meetingDollar edges higher ahead of crucial Fed meeting
Consulte Mais informação »
GBP/USD: Strong Dollar to keep Cable not far from the 1.2050/2100 support regionSterling is trading slightly on the soft side ahead of Thursday's Bank of England (BoE) policy meeting. Economists at ING analyze GBP outlook. EUR/GBP
Consulte Mais informação »
The threat to the Dollar this week stems more from Asia than EuropeThe Dollar continues to trade on the strong side. This week, economists at ING expect the threat to the Dollar to stem more heavily from Asia than Eur
Consulte Mais informação »