This week, Canadian Prime Minister Justin Trudeau is facing calls from within his own party to step down after the sudden ...

The Canadian Dollar has shed over 2.2% against the US Dollar in December alone and is on pace to end lower against the ...

Economists have attributed the decline to the strength of the U.S. economy and its currency as well as the widening gap ...

The Canadian dollar dipped below $0.70 US on Tuesday, the first time it has done so since the onset of the COVID-19 pandemic ...

The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis ...

The dollar remained stable amid expectations of a U.S. interest rate cut. Global currency movements indicated varying ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The currency has fallen more than 7% against the US dollar this year so far, on path to have the worst year since 2018.

Minutes released today of last week’s meeting, when the bank raised the Selic rate to 12.25% from 11.25%, say that: “The combination of a robust labor market, expansionary fiscal policy, and vigorous ...