Canadian Dollar (CAD)

Two major commodity currency countries will be publishing their employment data. And that routinely shakes up the market a bit! New Zealand is especially interesting since they just finished signing a new trade agreement with their…
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Canada will be releasing the monthly GDP numbers today. Forecasts show that on a month over month basis, the GDP will rise by 0.2% on the month. This comes after the previous month in July saw a flat print or stagnant growth. But the…
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Statistics Canada will be releasing the monthly retail sales report. This will be one of the last few economic reports that will feed into the Q3 GDP. Canada will be officially releasing the final third-quarter GDP estimate in a week’s…
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Canada’s monthly retail sales report for July will be coming out later today. According to the economists polled, Canada’s retail sales are forecast to rise by 0.8% on the month. Meanwhile, core retail sales, excluding autos are to rise…
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Tomorrow is a pretty busy day on the economic calendar! Key data is coming out both in Europe and the Americas. Here we'll be focusing on inflation data from the UK and Canada. As most central banks around the world are heading…
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The Bank of Canada will kick off the new month with its monetary policy meeting today, and investors remain somewhat divided on the outcome. The BoC will be holding rates steady at today's meeting. But the central bank is still not out…
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Canada will be releasing the GDP report for June alongside the full and final second quarter GDP data. Based on recent data, it is widely expected that Canada's second quarter GDP will rise by 2.7% - 2.8% during the quarter. This beats…
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It has been an eventful week for Canada, and Friday is not going to be an exception! There is a host of data coming out, but the most important will be the employment figures. With the BOC being the odd one out when it comes to easing…
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The monthly Ivey PMI report for Canada is scheduled for release today. Forecasts point to a recovery in the purchasing manager’s index for July, rising to 55.0. This would mark a recovery from June’s reading where activity hit a…
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This is a pretty quiet week in terms of economic data for most economies, and Canada is no exception. Most investors have their eyes on the most intense part of earnings season, where a little more than 70% of Canadian companies will…
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