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Canadian Dollar Forecast: USD/CAD Strength on Trump Tariff Threat

USD/CAD finished the year above 1.4000 for the first time since 2002. Threats of tariffs from President-elect Trump have had a big impact in USD/CAD, but this can also bring risk to the U.S. side of the equation.

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Canadian Dollar Outlook: USD/CAD into 2025, Trump Tariff Threat Looms

USD/CAD is closing out its strongest year since 2015. But that prior episode led to a mean-reverting market that held for the next nine years.

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Canadian Dollar: CAD Rate Cut Rally, but Trump Tariff Threat Looms

USD/CAD has found resistance just inside of the 1.4200 handle but the looming threat of tariffs from the U.S. has produced ‘major new uncertainty’ for Canada and investors have responded by continued selling of CAD.

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BOC Recap: USD/CAD Drops as Macklem Hints at Gradual Cuts in 2025

USD/CAD fell back toward key horizontal support near 141.00 as BOC Governor Macklem hinted at a 2025 pause in the interest rate cutting cycle

Currency prices

USD/CAD, CAD/JPY forecast: Canadian dollar analysis - July 24, 2024

The CAD/JPY trend has turned negative following this week’s big rally in the yen, while the USD/CAD will be in focus with the release of key US data in the coming days.

A complete guide to the Bank of Canada and interest rates

As with any central bank, when the Bank of Canada (BOC) changes interest rates, it can have a knock-on effect to stocks, indices and currencies. Find out everything you need to know about the BOC and how it’s decisions impact financial markets.

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January 22, 2024 11:00 AM

Bank of Canada preview: At interest rates peak?

After a combined 425 basis points worth of hikes, the BOC has already signaled it would pause tightening to let the economy digest impact of previous hikes.

CAD/JPY pair to watch heading into BoC decision

A 25-basis-point hike is expected

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January 25, 2023 11:41 PM

Canadian Jobs report blew away estimates

The strong Employment Change out of Canada in October may give the BOC a bit more confidence to raise rates in December. However, the meeting is a long way off.

November 8, 2022 07:38 AM
Research

The BOC just dropped one of their preferred CPI measures

During a hawkish speech, the BOC governor outlined which of the three ‘preferred’ CPI measures they will no long focus on, and why.

Research

The BOC just dropped one of their preferred CPI measures

During a hawkish speech, the BOC governor outlined which of the three ‘preferred’ CPI measures they will no long focus on, and why.

Research

Yes, inflation may have peak but it “remains far too high”

Sometimes the obvious needs to be said. And that is exactly what the BOC’s deputy governor said in his op-ed by stating inflation “remains far too high”.

Bank of Canada hikes 25bps. More to come!

The Bank of Canada raised rates for the first time since October 2018 by 25bps to 0.50%.

March 3, 2022 06:16 AM

Bank of Canada leaves rates unchanged. Is it less hawkish now?

How many rate hikes are necessary to control inflation given that the BOC sees it returning to 2% over the long run?

January 27, 2022 03:42 AM

Bank of Canada preview: Is the BOC ready to hike rates?

At its last meeting in December, the BOC said it doesn't see a rate hike until mid-2022. However, some seem to think it will hike at this meeting!

January 25, 2022 08:56 AM
Currency prices

Bank of Canada Preview: When is the BOC looking to raise rates?

With inflation on the rise and a very strong jobs report for September, the Bank of Canada is likely to cut bonds purchases

October 26, 2021 07:17 AM

BOC rate decision preview

Apart from Apple’s expected launch of the new iPhone, today’s other big event is the Bank of Canada’s rate decision, due at 15:00 BST (10:00 […]

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September 7, 2016 11:38 PM

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