The Canadian Dollar Surges as Bank of Canada Announces First

The Canadian dollar is currently trading at 1.3365 (USD/CAD) or 0.74824 (CAD/USD) after reaching its strongest intraday level since May 8 at 1.3322 against the US Dollar.  The Canadian dollar benefitted from a trifecta of positive news on multiple fronts today.

Bank of Canada holds its key interest rate steady at 5%. Here's what happens next - The Globe and Mail

How does the Bank of Canada work? - The Globe and Mail

Tiff Macklem: Fiscal and monetary policy rowing in opposite directions

Bank of Canada holds interest rate

Bank of Canada raises key interest rate by 0.5 percentage points. Here's what to know - The Globe and Mail

Canada CPI November 2023: Inflation Unchanged, Keeping Interest Rates Steady - Bloomberg

History of the Canadian Dollar

Long live the slowly dying and unlamented US dollar

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Bank of Canada Leaves Rates Unchanged

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Canadian dollar surges as Ben Bernanke reassures on stimulus