Canadian dollar (CAD) - Page 2

33 articles

Canadian Dollar Briefly Strengthens as July Inflation Exceeds Forecasts

Canada's dollar touched its highest level since early June after July inflation data surpassed expectations, but the gains faded as markets weighed stable core inflation and upcoming trade risks

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Revolut Gains French Banking Licence as Bunq Faces US Setback

Major developments in global banking this week include Revolut's full French licence, Bunq's US charter rejection, Bank of America's $1.9bn move into India, and a $1.44bn sale of Moneris in Canada, with executive changes at NAB also in focus

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World Coins in Everyday Change Reveal Global Histories

Coins from Sierra Leone, Jamaica, Colombia, Mexico, Canada, and Germany found in loose change offer a tangible link to global histories, political shifts, and cultural identities, highlighting how everyday money connects us to distant places and past events

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USD/CAD Outlook: UBS Sees Room for Dollar Gains on Rate Gap

UBS expects the US dollar to strengthen against the Canadian dollar, citing interest rate differentials and a cautious stance from both central banks as key factors shaping the USD/CAD exchange rate in the coming months

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National Bank of Canada Unifies Fund Services With Multifonds Platform

National Bank of Canada is overhauling its fund and ETF administration by adopting Multifonds' centralized platform, aiming to streamline operations, reduce manual processes, and strengthen oversight across multiple jurisdictions

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Canadian Dollar Faces Political Risk as Quebec and Alberta Vote Looms

Upcoming votes in Quebec and Alberta are adding a political risk premium to the Canadian Dollar, with October's referendums and elections set to influence the currency's direction and volatility for international payments and business.

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Canadian Dollar Holds Firm as Oil Prices and Jobs Data Support Gains

The Canadian dollar remains close to its strongest level in eight weeks against the US dollar, as rising oil prices and robust employment figures provide support amid ongoing trade discussions with the United States

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Canadian Dollar Expected to Stay Stable Before Modest Strengthening

Analysts anticipate the Canadian dollar will hold its ground against the US dollar in the coming months, with only gradual appreciation forecast over the next year as economic differences between Canada and the US narrow

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