Bank of Canada (BoC) news

The Bank of Canada (BoC) is Canada's central bank. Its principal role is to promote the economic and financial well-being of Canada. The BoC uses monetary policy tools to influence economic activity and maintain the stability of the Canadian financial system.

Canadian Dollar under pressure from soft employment figures – CAD outlook

The Canadian Dollar is under heavy pressure, ranking as the second-worst performing major in 2025 after the USD. Weak GDP, tariff-driven headwinds, and a -60K jobs print highlight a slowing domestic economy. With unemployment at 7.1% and European currencies surging, CAD remains vulnerable. We review USDCAD, EURCAD, and CADJPY technical levels.

09-09-2025 20:07 GMT by Elior Manier

Canada and US post weak job numbers, Canadian dollar steady

Canada's employment report was very soft. Employment fell by 66 thousand and the unemployment rate rose to 7.1%. In the US, nonfam payrolls dropped to 22 thousand, down from a revised 79 thousand and missing the market estimate of 75 thousand.

08-09-2025 09:50 GMT by Kenneth Fisher