Unsurprisingly, this wedge weighs on the value of the Canadian dollar against the US dollar. When interest rates in Canada decline more quickly than they do in the United States, the value of the ...
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen the gap between Canadian and U.S. bond yields, but the decline was limited ...
Chart 1 also shows the parallel decline in the interest rate on a 5-year mortgage for a typical Canadian household. Other Canadian interest rates share this pattern. Part of the secular decline in the ...
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada cut interest rates to support the economy ahead of expected U.S. trade tariffs, helping to widen the gap between ...
Still, high-interest savings accounts may offer a rate of return that’s lower than other investment options. Current rates for Canadian HISAs typically fall into the 1-2.50% range although some ...
Canadian dollar loses 0.3% against the greenback Trades in a range of 1.4302 to 1.4391 Price of U.S. oil hits a 12-day low 10-year yield rises 4.1 basis points to 3.304% TORONTO, Jan 22 (Reuters ...