[CAD/JPY] Additional Rate Cut at BOC Meeting
Yesterday, CAD/JPY recovered from the previous day’s drop and rose to 108.28 yen in the Tokyo market. In Western markets, the “Deep Seek” shock faded, and with strong stock markets, …
Yesterday, CAD/JPY recovered from the previous day’s drop and rose to 108.28 yen in the Tokyo market. In Western markets, the “Deep Seek” shock faded, and with strong stock markets, …
This week, the Bank of Canada (BOC) is expected to lower the interest rate by 0.25%, from 3.25% to 3.00%, for the sixth consecutive meeting. This decision comes after Canada’s …
During Tokyo trading hours, news that President Trump is considering a 25% tariff on Canada caused CAD/JPY to drop from 108.60 yen to 107.30 yen. Later, it recovered to the …
Last year, the Bank of Canada (BOC) was one of the first in developed countries to lower interest rates. They cut rates five times, reducing them from 5% to 3.25%, …
In yesterday’s Tokyo market, news broke that Canadian Prime Minister Trudeau is likely to resign as party leader and prime minister this week. The Canadian dollar rose in response, as …
While people expect the Bank of Japan (BOJ) to keep interest rates unchanged, CAD/JPY (Canadian dollar-yen) remains stable. However, the Canadian dollar has been weak against the U.S. dollar, falling …
Last week, Canada’s November employment report showed that while the number of employed people exceeded expectations, the unemployment rate rose significantly from 6.5% in the previous month to 6.8%. This …
Former U.S. President Trump announced a 25% tariff on Canada, causing the Canadian dollar to weaken. However, last week, Mexico reached an agreement with Trump on immigration measures, which led …
In the Tokyo market, CAD/JPY dropped to 110.20 yen but rebounded to 110.80 yen in the European market. However, it fell again during the New York session. The decline was …
With Japan’s lower house election leading to the ruling party losing its majority, the yen saw selling pressure, pushing CAD/JPY (Canadian Dollar/Yen) up to 110.72. However, this was followed by …