Canadian Dollar and Tariff
The Bank of Canada implemented a widely expected 25-bps rate cut, lowering its benchmark rate to 2.75%. The cautious messaging that accompanied the decision was unsurprising, as markets remain focused…
Author: Monex1
Bank of Canada Lowers Rates Amid Escalating Trade War with the U.S.
The Bank of Canada has lowered its policy rate by 25 basis points to 2.75% as trade tensions between Canada and the U.S. intensify. Overnight, the U.S. imposed a 25%…
Declining Canadian Dollar Sparks Backlash Against Domestic Goods
A declining Canadian dollar is driving more consumers to support locally made products as they look for ways to make their weakening currency go further, according to a new survey.…
Key Considerations for Investors if Trump Announces Tariffs Next Week
Analysts say tariffs are coming, but the details will hold crucial clues for investors. There is a growing likelihood that U.S. President Donald Trump will introduce a 25% tariff on…
Will Canadian Interest Rates Drop Again in 2025? What It Means for You
As 2025 begins, many Canadians are wondering whether interest rates will continue to fall. The Bank of Canada (BoC) has already reduced its benchmark interest rate several times in recent…
Why is the Canadian Dollar Losing Value Against the U.S. Dollar as We Enter 2025?
The Canadian dollar (CAD) has started 2025 on a challenging note, continuing a downward trend that began in late 2024. As of January 3, the CAD is at its lowest…
Post-Election FX Volatility Analysis
The months preceding an election frequently see heightened volatility in foreign exchange (FX) markets, but the turbulence often continues well beyond election day. Interestingly, market fluctuations tend to persist through…
USD/CAD: Canadian Dollar Facing Challenges
The Canadian dollar is currently under significant pressure, with recent economic conditions and rate changes contributing to its weakened position against the U.S. dollar. The Canadian dollar continued its slide…
Dollar: The Engine of Iran’s Inflation
When comparing the price of the dollar and real estate over the past decade, we observe a significant increase in both markets. To get a closer look at these two…
Bank of Canada Rate Cut Expected to Boost Gas Demand and Prices, Analyst Predicts
What impact does Canada’s central bank have on gas prices? According to an industry expert, the larger rate cut announced by the Bank of Canada on Wednesday could lead to…