US Dollar

• Loonie forecasts cut as Bank of Canada trails U.S. Fed on peak-rate bets: poll

  The Bank of Canada increased its benchmark interest rate last week by half a percentage point to 3.75 per cent, coming up short on calls for another 75 basis points move.

  Canada

  Nov 2, 2022
  
• British pound stable after sharp drop, but analysts warn it’s ‘too little, too late’

  The United Kingdom's pound has stabilized a day after plummeting to a record low as the British government plans tax cuts to deal with a cost-of-living crisis.

  Economy

  Sep 27, 2022
  
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• Bank of England warns of more interest rate hikes as pound hits record low

  The United Kingdom's pound sterling hit a record low compared with the U.S. dollar in trading on Monday as the new government announced major tax cuts.

  Economy

  Sep 26, 2022
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• Bank of England hikes key interest rate 0.5 percentage points amid recession fears

  The Bank of England raised its benchmark interest rate to 2.25 per cent on Thursday, a step of 50 basis points, as it looks to get a handle on inflation.

  Economy

  Sep 22, 2022
• The loonie is at a nearly 2-year low. What does that mean for inflation?

  A weaker Canadian dollar can worsen inflation on goods imported into the country, though experts say other factors could see the loonie come out on top in global trade.

  Money

  Sep 21, 2022
• U.S. stocks face ‘biggest December fall’ since 1931 as world stocks, oil price tumbles

  World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year.

  Consumer

  Dec 18, 2018
• BUSINESS REPORT: The ganging up of the Canadian dollar

  Analysts are ganging up on the Canadian dollar and if you believe them, and have some U.S. dollars to buy, it may be better to do it sooner rather than later.

  Economy

  Nov 8, 2017
• Canadian economy gets a boost while U.S. downgraded: IMF

  The Canadian economy is expected to lead the G7 countries this year, while the U.S. economy is expected to take a hit, according to the IMF.

  Canada

  Jul 24, 2017
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• Business Report: U.S. dollar down, Canada and the rest of the world up

  The U.S. dollar has taken its biggest loss since 2002 this year.

  Jul 19, 2017
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• U.S. dollar, Dow Jones sink amid Donald Trump controversies

  U.S. stocks and the dollar sold off and bond prices rallied on Wednesday as investors fled risky assets amid uncertainty about U.S. President Donald Trump's ability to deliver on tax and regulatory reform.

  Consumer

  May 17, 2017