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Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Swedish economic sentiment indicator rises in November

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Gold steadies amid concerns over rising virus cases

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

U.S. existing home sales rise above expectations in October

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. vehicle sales fall again in November

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Philippine central bank keeps interest rate unchanged at 2 pct

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

CAD monthly currency outlook (6-12 month)

Friday, October 9, 2015 12:30 PM UTC

Related Stories

After a brief pause through mid-September, the uptrend in USD/CAD resumed as the pair moved to a new cyclical high. The catalysts for USD/CAD strength to remain in place through year-end.

Benefits from a weaker currency are expected to become more pronounced for Canada's exports and non-energy capital investment, causing US and Canadian monetary policy to start to converge amidst a firmer domestic growth profile.

"An expected recovery in oil, with the expectation of energy price of an average USD62 for the year, a gradual pullback in USD/CAD in 2016 is anticipated, ending the year at 1.3000", says RBC Capital Markets. 

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