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.

canada: Canada bans foreigners from buying property after surge in property prices - The Economic Times

Canadian dollar surges higher after surprise rate tightening

Canadian dollar surges in popularity

Bank of Canada raises its key interest rate to 5%

Canadian dollar seen higher if BoC front-loads rate hikes

Dukascopy Bank SA

Timeline: The rise and fall of the Canadian loonie

Canadian dollar surges as Ben Bernanke reassures on stimulus

Bank of Canada holds interest rate

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

What the Bank of Canada's latest rate hike means for your finances - MoneySense

Uh-oh. More good news that may be bad for your economic health

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