The Canadian Dollar Surges as Bank of Canada Announces First
Por um escritor misterioso
Last updated 01 setembro 2024
![The Canadian Dollar Surges as Bank of Canada Announces First](https://www.interchangefinancial.com/wp-content/uploads/2023/06/piggybank-p8KbU9-wstc-unsplash.jpg)
The Canadian dollar is currently trading at 1.3365 (USD/CAD) or 0.74824 (CAD/USD) after reaching its strongest intraday level since May 8 at 1.3322 against the US Dollar. The Canadian dollar benefitted from a trifecta of positive news on multiple fronts today.
![The Canadian Dollar Surges as Bank of Canada Announces First](https://www.theglobeandmail.com/resizer/v2/RGJMRRL2QZBANOGIA2CPDNFGAM.jpg?auth=e281956dcf672160fac58661231f4068ed2320780eec40aca9bdb4af6795de1e&width=600&quality=80)
Canada's inflation rate slowed to 3.1% in October, but rents surge - The Globe and Mail
Canadian Dollar Surges to Highest Since August as Inflation Stays Elevated
![The Canadian Dollar Surges as Bank of Canada Announces First](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i6U4EMGu9vP4/v1/-1x-1.jpg)
FX Market: Loonie at Risk of Bigger Drop as Focus Shifts to Bank of Canada - Bloomberg
![The Canadian Dollar Surges as Bank of Canada Announces First](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/itz68n2LKwkM/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
Canada CPI November 2023: Inflation Unchanged, Keeping Interest Rates Steady - Bloomberg
![The Canadian Dollar Surges as Bank of Canada Announces First](https://www.reuters.com/resizer/2qRZI-jXuonkf-loZBCG-fRcOQ0=/1920x1920/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/DWRFWVUK2RLW5CYSKOQIJECKKI.jpg)
Bank of Canada says higher long-term bond yields no substitute for policy
![The Canadian Dollar Surges as Bank of Canada Announces First](https://image.cnbcfm.com/api/v1/image/107134729-1665751352674-gettyimages-1349325190-img_7046-edit.jpeg?v=1686241176&w=929&h=523&vtcrop=y)
Dollar falls against major currencies amid economy concerns; yuan strengthens
![The Canadian Dollar Surges as Bank of Canada Announces First](https://www.ctvnews.ca/content/dam/ctvnews/en/images/2023/10/30/tiff-macklem-1-6623441-1698698087167.jpg)
Tiff Macklem: Fiscal and monetary policy rowing in opposite directions
![The Canadian Dollar Surges as Bank of Canada Announces First](https://i.cbc.ca/1.6629873.1666788059!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_780/fall-colours-20221019.jpg)
Bank of Canada raises interest rate again — but the pace of hikes may be slowing
![The Canadian Dollar Surges as Bank of Canada Announces First](https://cdn-res.keymedia.com/cms/images/us/074/0292_638303780950271817.jpg)
When will the Bank of Canada start lowering interest rates?
![The Canadian Dollar Surges as Bank of Canada Announces First](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i28jnoS.m.8c/v0/1200x800.jpg)
All the Loonie Bulls Disappeared in Just One Week - Here's Why - Bloomberg
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