Through 2026, the bank expects the pair to move closer to 1.33, with further CAD gains pushing USD/CAD down toward 1.30 by ...
It expects the Canadian dollar to finish next year at 75 cents U.S., kicking off the first quarter at 72.5 cents before ...
Canadian dollar weakens 0.1% against the greenback Trades in a range of 1.3702 to 1.3742 Price of oil rises 1.7% 10-year yield rises 4.4 basis points to 3.270% TORONTO, June 3 (Reuters) - The Canadian ...
Back in 2007 and briefly in 2011, the Canadian dollar reached parity with the greenback—suddenly, cross-border shopping ...
TORONTO, Oct 2 (Reuters) - The Canadian dollar is set to strengthen over the coming year against its U.S. counterpart as expected Federal Reserve interest rate cuts weigh on the greenback, but ...
Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...
This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...