NAFTA

The Bank of Canada held its monetary policy meeting last week on Wednesday. Amid a resilient economy, rising inflation and the recently lifted clouds of uncertainty over trade, the BoC was seen hiking interest rates in a…
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The Bank of Canada held its monetary policy meeting last week. As widely expected, the BoC Governor Stephen Poloz kept borrowing costs unchanged. Interest rates were steady as policymakers decide to wait for the outcome of the NAFTA…
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Daily Forex Market Preview, 28/08/2018 The U.S. dollar continued to extend the declines from last week. Economic data was sparse and the weaker greenback sent the euro higher on the day. The gains came as signs of easing global trade…
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Despite all the attention commanded by the US dollar, its Canadian counterpart remains the strongest performing currency since the start of the month and the beginning of the quarter. Negotiations to save the North American Free Trade…
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The semi-annual currency report was released by the U.S. Department of Treasury last week. The report, published under the Trump administration refrained from naming any of the trading partners as currency manipulators but maintained…
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The Bank of Canada held its monetary policy meeting last Wednesday. As widely expected, the central bank of Canada holds interest rates steady at 1.25%. The central bank cited uncertainty related to trade factors as one of the reasons for…
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The Bank of Canada rate hike kicked off the New Year with an interest rate lift of 25 basis points. The rate hike by the Bank of Canada was widely expected by economists and the markets priced in the event too. The hawkish estimates came…
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The Bank of Canada will be meeting tomorrow for its monthly monetary policy review. According to the economists polled, the central bank is expected to hold back from hiking interest rates any further. Thus, the BoC's overnight cash rate is…
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