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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
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.
Canadian Dollar Gains Ground as Greenback Recedes on Thursday
Canadian Dollar propped up by broad-market, risk-on sentiment.
BoC: Canada's Financial System Remains Resilient
The Bank of Canada (BoC) published its Financial System Review (FSR) on Thursday.
Canadian Dollar Claws Back Ground on Data-light Wednesday
Canadian Dollar rebounds after previous day’s downside.
Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation
In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.