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Source: Live Mint Canadian dollar gains 1% against the greenback Touches its strongest since October 10 at 1.3712 Retail sales rise 0.8% in March 10-year yield eases 1.5 basis points to 3.360% TORONTO, May 23 (Reuters) – The Canadian dollar strengthened to a seven-month high against its U.S. counterpart on Friday as the greenback posted…
Source: Live Mint Loonie trades in a range of 1.3847 to 1.3889 Price of U.S. oil settles 0.6% lower Bond yields ease across the curve TORONTO, May 22 (Reuters) – The Canadian dollar steadied against its U.S. counterpart on Thursday as the greenback notched broad-based gains and ahead of domestic retail sales data that could…
Source: Live Mint (Updates with morning prices) April 16 (Reuters) – Canada’s main stock index climbed on Wednesday, as surging gold prices boosted materials shares, while the Bank of Canada held borrowing costs steady at its interest rate meeting. Toronto Stock Exchange’s S&P/TSX Composite Index rose 0.3% to 24,135.11 points. at 2.75%, its first pause…
Source: Live Mint The first Group of Seven monetary policy decisions since President Donald Trump’s trade war unleashed global market turmoil may prompt diverging responses from either side of the Atlantic. While Bank of Canada officials on Wednesday could keep borrowing costs on hold to guard against the potential inflationary impact of an ongoing tariff…
Source: Live Mint Canadian dollar gains 0.7% against the greenback For the week, the loonie adds 2.4% Investors see 60% chance BoC pauses rate hikes 10-year yield touches highest since January 24 TORONTO, – The Canadian dollar strengthened to a five-month high against its U.S. counterpart on Friday as the erratic nature of U.S. trade…
Source: Live Mint TSX ends up 0.7% at 24,423.34 Technology sector adds 1.3% Energy gains 1.7% as oil settles 2.2% higher BoC cuts key rate by 25 basis points (Updates at market close) March 12 (Reuters) – Canada’s main stock index rebounded on Wednesday, including gains for energy and technology shares, as U.S. inflation cooled…
Source: Live Mint Canadian dollar gains 0.2% against the greenback Trades in a range of 1.4407 to 1.4520 Two-year yield hits nearly three-year low TORONTO, March 4 – The Canadian dollar clawed back some of its recent declines against its U.S. counterpart on Tuesday as the greenback posted broad-based losses and investors doubted that hefty…
Source: Live Mint Canadian dollar weakens 0.4% against the greenback Loonie trades in a range of 1.4169 to 1.4235 Price of U.S. oil settles 2.9% lower Canadian bond yields fall across the curve TORONTO, Feb 21 (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched broad-based gains and…
Source: Live Mint (Updates with market opening prices) Jan 29 (Reuters) – Canada’s main stock index rose on Wednesday led by mining shares, as investors cheered the Bank of Canada’s decision to cut interest rates by a quarter percentage point. The Toronto Stock Exchange’s S&P/TSX composite index was up 0.3% at 25,502.94, its highest level…
Source: Live Mint TORONTO, Jan 29 (Reuters) – The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage. MARKET REACTION: LINK: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/ COMMENTS ANDREW KELVIN, HEAD OF CANADIAN…
