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CAD Market News

Forex headlines assembled from multiple corroborating sources and updated as stories develop. Written by the FXC Newsdesk, method explained on how it works.

Updated 4 hours ago
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7stories, 24h 31vetted sources Economic calendarnext high impact
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Wednesday, Sep 2
14:30 Event recap CAD

BoC Interest Rate Decision comes in at 2% against 2.25% consensus

The Bank of Canada maintained its interest rate at 2%, falling short of the 2.25% consensus. Market reactions were observed across CAD pairs. 14:02 story CAD

Bank of Canada Holds Rates at 2.25% Amid Escalating US-Canada Tariff Dispute

The Bank of Canada maintained its overnight rate at **2.25%** for the **seventh consecutive meeting**, citing the escalating trade dispute with the **United States** as a... 12:30 Daily brief AUD

New York Open Briefing: Wednesday, September 2, 2026

New York opens with XAUUSD up and JPY pairs down. ADP Nonfarm Employment Change beat expectations, while Italy's PPI also surprised higher. The BoC Interest Rate... 07:30 Daily brief AUD

London Open Briefing: Wednesday, September 2, 2026

London opens with a slight risk-off tone, JPY strong, NZD weak. Key data includes Spain's unemployment and upcoming US ADP, BoC decision. 06:00 Event preview CAD

BoC Interest Rate Decision preview: Consensus expects rates to hold at 2.25%

The Bank of Canada is set to announce its latest interest rate decision. Market consensus anticipates the rate will remain at 2.25%, matching the previous reading.
Sunday, Aug 30
18:00 Daily brief AUD

The Week Ahead in Forex: August 30 to September 4, 2026

The week ahead focuses on key central bank decisions from the RBNZ and BoC, alongside significant US economic data releases. Retail positioning shifts are noted across...
Friday, Aug 28
21:00 COT weekly AUD

CFTC COT Report, Week to August 25, 2026: Euro Net Speculative Position Rises 19k

Leveraged funds significantly reduced their net short Euro positions. The British Pound and US Dollar Index saw leveraged funds reach 52-week high net long positions. 13:30 Event recap CAD

CAD GDP y/y comes in at 2% against 1.2% consensus

Canada's GDP year over year was reported at 2%, exceeding the 1.2% consensus. The Canadian dollar saw varied, relatively small movements against major pairs. 13:30 Event recap CAD

Canada GDP m/m comes in at 0.3% against 0.1% consensus

Canada's GDP m/m for August 2026 was reported at 0.3%, exceeding the consensus estimate. The Canadian dollar showed a mixed and generally muted reaction. 13:30 Event recap CAD

CAD GDP q/q comes in at 0.8% against 0% consensus

Canada's GDP q/q was reported at 0.8%, exceeding the 0% consensus. Market reaction has been relatively subdued compared to historical movements. 13:00 Event recap CAD

CAD GDP Annualized q/q comes in at 3.3% against 0.7% consensus

Canada's GDP Annualized q/q significantly exceeded expectations, printing at 3.3%. The Canadian dollar's immediate market reaction has been limited so far. 12:46 story CAD

Canada’s Q2 GDP Accelerates to 3.3% Annualized, Signaling Economic Rebound

Canada's economy expanded at an annualized rate of 3.3% in the second quarter, marking a significant acceleration and rebound despite slightly missing market forecasts. 10:32 story CAD

President Trump Signs Executive Order Renaming Lake Ontario Amidst US-Canada Trade Tensions

U.S. President Donald Trump signed an executive order to rename Lake Ontario as 'Lake America' on Thursday, August 27, 2026, amidst ongoing trade disputes with Canada,... 07:30 Daily brief ALL

London Open Briefing: Friday, August 28, 2026

London opens with equities higher, EUR weaker after soft data. Traders watch German unemployment and the Jackson Hole Symposium. 06:00 Event preview CAD

Canada GDP Preview: Consensus points to slower growth

Ahead of Friday's Canada GDP release, the market expects a slowdown to 0.2% from 0.3%. This high-impact event has historically caused significant CAD pair movements.
Thursday, Aug 27
21:30 Daily brief CAD

Sydney Open Briefing: Friday, August 28, 2026

Sydney opens with a slight risk-on tone. AUD is the strongest performer, JPY weakest. Tokyo CPI data is due. 13:01 Event recap CAD

Current Account (CAD) comes in at 8.836B against -4.065B consensus

Canada's Current Account reported a significant surplus of 8.836B, far exceeding the consensus for a deficit. Initial market reaction in CAD pairs has been relatively muted...
Monday, Aug 24
20:01 story CAD

US President Trump Announces **50%** Tariffs on Canadian Auto and Steel Imports

US President Donald Trump declared new **50%** tariffs on Canadian auto, truck, and steel imports, effective **January 1, 2027**, following a breakdown in trade talks.
Sunday, Aug 23
18:00 Daily brief AUD

The Week Ahead in Forex: August 23 to August 28, 2026

The week ahead features key inflation and growth data from the US and Australia. Gold has seen a significant rally, while indices have pulled back. 17:31 story CAD

US-Canada Trade Negotiations Collapse, Triggering New Tariffs

Trade talks between the United States and Canada concluded without agreement on Friday, leading to the imposition of new tariffs by both nations.