Canadian dollar rebounds from 22-year low on tariff pause hopes
The Canadian dollar clawed back much of its decline against its U.S. counterpart on Monday as investors weighed the possibility of Canada achieving a reprieve from U.S. tariffs, with the currency rebounding from an earlier 22-year low.
The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level since 2003 and over 67% from its lowest ...
The Canadian Press on MSN21h
Loonie risks falling further if U.S. tariffs become prolonged: currency expertThe Canadian dollar is trading at its lowest level since 2003 on the eve of sweeping tariffs from the United States.
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Global X High Interest Savings ETF offers a 4.37% yield with liquidity. Read why CASH:CA stock is a solid choice despite ...
Karl Schamotta, chief market strategist at Corpay, says the loonie could see a further decline of two to three per cent if an ...
The Canadian dollar is trading at its lowest level against the U.S. currency since 2003 amid signs of an escalating trade war ...
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