Trends - Bank of Canada - Business Recorder

Business & Finance

Canadian dollar rebounds

TORONTO: The Canadian dollar strengthened against its US counterpart on Monday as oil prices rose and attention...

Published 07 Dec, 2021 06:29am

Business & Finance

Canadian dollar rebounds

TORONTO: The Canadian dollar strengthened against its US counterpart on Friday as oil prices climbed and domestic...

Published 04 Dec, 2021 04:23am

Business & Finance

Canadian dollar weakens

TORONTO: The Canadian dollar edged lower against its broadly stronger US counterpart on Tuesday as domestic data...

Published 17 Nov, 2021 04:22am

Business & Finance

Canadian dollar steadies

TORONTO: The Canadian dollar barely moved against its US counterpart on Tuesday as investors weighed US inflation...

Published 10 Nov, 2021 05:47am

Markets

Canadian dollar recovers from 4-week low as oil rallies

TORONTO: The Canadian dollar was little changed against its U.S. counterpart on Tuesday, recovering from its weakest...

Updated 10 Nov, 2021 01:35am

Markets

Canadian dollar steadies as jobs gain supports rate hike bets

TORONTO: The Canadian dollar was little changed against its U.S. counterpart on Friday, recovering from a three-week...

Published 06 Nov, 2021 01:25am

Markets

BoE eyes first rate rise since 2018 as inflation surges

LONDON: The Bank of England could this week raise its main interest rate for the first time in more than three years...

Published 02 Nov, 2021 09:34am

Markets

Canadian dollar firms as wider yield spreads lend support

TORONTO: The Canadian dollar edged higher against its US counterpart on Thursday as the Bank of Canada's more ...

Published 29 Oct, 2021 12:57am

Business & Finance

US dollar index falls

NEW YORK: The U.S. dollar lost value against major currencies on Wednesday as the Bank of Canada started off a ...

Published 28 Oct, 2021 04:06am

Markets

Miners, energy stocks drag TSX

TORONTO: Canada's main stock index fell on Tuesday, dragged by mining and energy stocks, while expectations of a...

Published 27 Oct, 2021 04:50am

Markets

Canadian dollar plays catch-up with oil; climbs to 3-month high

TORONTO: The Canadian dollar on Thursday strengthened to its highest level in more than three months against its US...

Published 15 Oct, 2021 01:00am

Markets

Canadian dollar notches 3rd straight weekly gain as jobs surge

TORONTO: The Canadian dollar on Friday strengthened to its highest level in more than two months against the...

Published 09 Oct, 2021 01:42am

Markets

Canadian dollar climbs to 1-month high in 'risk-on' move

TORONTO: The Canadian dollar rose against the greenback on Thursday as investors cheered a potential deal to avoid a...

Published 08 Oct, 2021 01:24am

World

Canada inflation hits 18-year-high with election just days away

"The numbers released today make it clear that under Justin Trudeau, Canadians are experiencing an affordability crisis," says Erin O'Toole

Published 15 Sep, 2021 07:20pm

Business & Finance

Canadian dollar firms

TORONTO: The Canadian dollar edged higher against its US counterpart on Thursday despite lower oil prices, with...

Published 10 Sep, 2021 04:41am

Markets

TSX falls for second day as 'growth scare' evolves

TORONTO: Canada's main stock index on Wednesday extended its pull back from a record high, with resource shares ...

Published 09 Sep, 2021 01:31am

Markets

Canadian dollar slides to 1-week low ahead of BoC rate decision

TORONTO: The Canadian dollar on Tuesday weakened against its U.S. counterpart and all the other G10 currencies, as...

Updated 08 Sep, 2021 01:23am

Markets

Canadian dollar climbs to 2-week high as oil rallies

The loonie was trading 0.5pc higher at 1.2554 to the greenback, or 79.66 U.S. cents, having touched its strongest level since Aug. 16 at 1.2547

Updated 03 Sep, 2021 01:34am

Business & Finance

Canada’s inflation speeds up, making prices a campaign issue

OTTAWA: Canada’s annual inflation rate accelerated at its fastest clip in a decade in July, beating analyst...

Published 19 Aug, 2021 04:15am

World

Canada's annual inflation rate slows but remains above Bank of Canada target

Earlier this month, the Bank of Canada said inflation was expected to remain at or above 3% - the top of the bank's 1%-3% control range - through the rest of 2021, easing back to the 2% target by 2022.

Published 28 Jul, 2021 07:22pm

Business & Finance

Canadian dollar dips as rising Covid-19 infections weigh on oil

TORONTO: The Canadian dollar edged lower against its US counterpart on Tuesday as worries that the spread of the...

Published 21 Jul, 2021 01:51am

Markets

Canadian dollar posts biggest gain in 8 weeks vs. 'overextended' greenback

The loonie was trading 0.9pc higher at 1.2320 to the greenback, or 81.17 U.S. cents, its biggest advance since May 6.

Published 03 Jul, 2021 12:57am

Markets

Canadian dollar notches a 6-day high as Fed calms investors

Canadian dollar strengthens 0.3% against the greenback.
Touches a 6-day high at 1.2265.
Canadian retail sales fell by 5.7% in April.
Price of Brent crude rises above $75 a barrel.

Published 23 Jun, 2021 07:16pm

Markets

Canadian dollar hits 7-week low as Fed plays catch-up with BoC

Oil, one of Canada's major exports, notched its highest level since October 2018 at $72.99 a barrel before settling at $72.15, up three cents on the day.

Published 17 Jun, 2021 10:32am