Sign Up
Stories
Canadian Dollar Rises on Rate Cut Speculations
Share
ASX Drops on Diminished Rate Cut Expecta...
Alberta's Budget Surplus Forecast
Bank of Canada Raises Interest Rates Ami...
Bank of Canada Eyes Rate Cut
Bank of Canada's Divergence from Fed
Bank of Canada's Housing Affordability L...
Overview
API
The Canadian dollar gained strength against the U.S. dollar following the Federal Reserve's indication of potential interest rate cuts, reversing recent declines. However, Canadian manufacturing activity declined in April, and oil prices dropped due to increased U.S. crude stocks and a Middle East ceasefire. Meanwhile, Canadian government bond yields decreased notably.
Ask a question
How could the fluctuating oil prices and bond yields affect Canada's overall economic stability?
How might potential Fed rate cuts impact the Canadian economy in the mid to long term?
What factors contributed to the decline in Canadian manufacturing activity despite the currency's strength?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Feb 2024
Mar 2024
Apr 2024
Coverage