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The median forecast in a Reuters poll was for the Canadian dollar to strengthen 1% to 1.26 per U.S. dollar, or 79.37 U.S. cents in three months, compared to 1.25 in last month's forecast.
The median forecast of 36 foreign exchange analysts in the Dec. 2-4 poll predicted the loonie would edge 0.3% higher to 1.4034 per U.S. dollar, or 71.26 U.S. cents, in three months, compared to ...
"The Canadian dollar's weakness is partly a function of the broad U.S. dollar strength," said Marc Chandler, chief market strategist at Bannockburn Global Forex LLC. Canadian dollar hits 4-1/2 ...
Economists expect a Canadian jobs gain of 25,000, while U.S. non-farm payrolls are forecast increasing by 200,000. The Bank of Canada is expected to continue its easing cycle at a policy decision ...
The Canadian dollar edged higher against its U.S. counterpart on Friday but was still headed for a weekly and monthly decline as domestic gross domestic product data bolstered bets for an outsized ...
The Canadian economic crisis [1 ... with forecasts suggesting an additional $400.1 billion increase by March 2029 due ... a traditional strength of Canadian ...
The economy of Canada is a highly developed mixed economy, [33] [34] [35] the world's ninth-largest as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36]
USD/CAD failed to settle above the major resistance level at 1.3420 and pulled back towards the support at 1.3330.