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Rate cuts loom as economic prospects worsen

posted by keiragabe 10 hours ago in CAD, Fundamental, Inflation made popular 3 hours ago

Canada's economic prospects have deteriorated in the past month, Bank of Canada Governor Mark Carney said Wednesday, hinting strongly that he would continue to cut interest rates in order to address the slowdown.  read more

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Deflation now tops policy-makers' hit list

posted by xjessicax 10 hours ago in CAD, Fundamental, Special made popular 55 minutes ago

Cars are piling up in storage because dealers don't want bloated inventories. Chinese factories are running out of room for all the appliances they're turning out but can't ship.  read more

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CAD/USD Continues to Fall After FOMC Minutes

posted by scorpio 11 hours ago in USD, CAD made popular 3 hours ago

Amid a radically risk-averse environment, the Canadian dollar is just off session lows against the U.S. dollar on Wednesday, following the release of the latest set of Federal Reserve meeting minutes.  read more

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Canadian Dollar Suffers Broad-Based Losses as Equities

posted by kulas 1 day 8 minutes ago in USD, CAD, Fundamental made popular 11 hours ago

The loonie is currently down against all major foreign currencies, including the U.S. dollar ahead of Wednesday's anticipated consumer price index (CPI) report.  read more

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More Than a Third of Canadians Expect Housing Prices to Fall

posted by chloegurl 1 day 3 hours ago in CAD, Fundamental, Housing made popular 11 hours ago

Canadians are growing increasingly fidgety about the future of the country's real estate market, according to survey results released Tuesday by the Canadian Association of Accredited Mortgage Professionals (CAAMP).  read more

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Economic Turmoil Keeping Canadian Homebuyers on the Sideline

posted by keiragabe 1 day 3 hours ago in CAD, Housing made popular 23 hours ago

Buying a house can be enough to cause night sweats and jangled nerves at the best of times. For most people, it's the single largest purchase they will ever make and paying for it can take two or three decades.  read more

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USD/CAD - US Dollar Canadian Dollar November 19, 2008

posted by WiredDeal 1 day 8 hours ago in USD, CAD, Technical made popular 10 hours ago

1,2348. USD CAD is in a range between 1,2090 and 1,2420. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100).  read more

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Inflation expected to be down in Canada, U.S.

posted by blitz 2 days ago in CAD, Fundamental, Inflation made popular 5 hours ago

At the end of the coming week, the Bank of Canada will get an idea of how low it can go with interest rate cuts to stimulate the domestic economy, with the release of the October inflation report, while economic reports earlier in the week will g  read more