ECB April Meeting Minutes: Ready to Cut Interest Rates in June

The minutes show that most people think June will not be a single one-time interest rate cut. Currently, the market believes that interest rates will be cut at most three times this year, or two after June, most likely in September and December.

wallstreetcn09:20 ET

CIBC Comments on Canada's Labor Report for April

After stalling in the prior month, Canada's Labour Force Survey (LFS) growth returned and easily beat consensus expectations in April, said CIBC. Friday's 90,000 increase was well above the 20,000 exp

MT Newswires08:48 ET

Bank of Canada: Canadian households can repay their debts at higher interest rates

According to the Bank of Canada's latest annual financial stability report, Canadian households seem to be able to bear this burden despite rising borrowing costs

Zhitong Finance18:00 ET

Goldman Sachs strategist: Long-term high US interest rates will have the biggest impact on the Swedish krona, Australian dollar, and Canadian dollar

Goldman Sachs strategists said that the Swedish krona, Australian dollar, and Canadian dollar are the most vulnerable to long-term high US interest rates. They said that, like the yen, these currencies have also been hit hard against the US dollar since April because the real interest rate curve steeped as expectations of US interest rate cuts were delayed.

環球市場播報12:07 ET

Canadian Dollar Gains Ground as Greenback Recedes on Thursday

Canadian Dollar propped up by broad-market, risk-on sentiment.

FXStreetMay 9 11:57 ET

BoC: Canada's Financial System Remains Resilient

The Bank of Canada (BoC) published its Financial System Review (FSR) on Thursday.

FXStreetMay 9 10:43 ET