Canada Producer Prices Flat in June, Raw Material Costs Slide

Excluding energy products, producer prices edged up 0.1% on-month, the data agency said Friday.

WSJJul 19 10:55 ET

Canadian Dollar Gives a Mixed Thursday Performance

The Canadian Dollar (CAD) recovered some ground in mixed trading on Thursday but still shed weight against the Greenback, the market’s best-performing currency of the day.

FXStreetJul 18 12:44 ET

Canada Unemployment Rate Expected To Peak at 6.6% -- Market Talk

CIBC Capital Markets revises its economic forecast for Canada, with the most notable change being an uptick in the unemployment rate.

WSJJul 18 10:25 ET

Canadian Dollar Slips Back on Wednesday as Markets Reassess BoC Rate Decision

The Canadian Dollar (CAD) shed weight on Wednesday as investors take a second look at Canadian Consumer Price Index (CPI) inflation figures released earlier in the week.

FXStreetJul 17 12:49 ET

Canada's core inflation unexpectedly remained unchanged, slightly reducing the possibility of consecutive interest rate cuts in July.

According to Karl Schamotta, Chief Market Strategist of Corpay, overall inflation in Canada slowed as expected last month, but the core inflation indicator surprisingly remained unchanged, which slightly reduced the possibility of a consecutive rate cut at the July meeting of the central bank. The market currently believes there is a 92% chance of a rate cut by the Bank of Canada this month. However, if the Bank of Canada keeps rates unchanged and disappoints these expectations, the Canadian dollar may rebound due to this surprise.

FX678 FinanceJul 16 21:35 ET

Canadian Dollar Struggles to Find Direction on Tuesday After Mixed Canadian CPI Inflation Print

The Canadian Dollar (CAD) went sideways on Tuesday after CAD traders found little reason to bid too firmly in either direction after a mixed Canadian Consumer Price Index (CPI) inflation print.

FXStreetJul 16 12:44 ET