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FX.co ★ Analytics CADDKK | Canadian Dollar (CAD) to Danish Krone (DKK) Rate in the Forex market

Canada: Tension in the employment market persists

The Canadian labor market report dealt a blow to bullish sentiment. The huge demand for labor has not only persisted, but also increased, far exceeding traders' expectations. What does this...
iconRelevance until10 March 2023 at 3:36PM (UTC+0)
Analytical expert: Egor Danilov
12 February 2023 at 12:14PM (UTC+0)

The Bank of Canada follows the Fed's strategy. At the same time, it is more frank in its forecasts... and more successful

The Bank of Canada raised interest rates by 75 basis points to a 14-year high on Wednesday, while saying that the discount rate should be higher, given the fight against...
iconRelevance until10 September 2022 at 4:17PM (UTC+0)
Analytical expert: Egor Danilov
7 September 2022 at 9:30PM (UTC+0)

Analysts predict strengthening of the Canadian dollar

The Canadian dollar will strengthen in the coming year, according to analysts interviewed by journalists. This version is supported by the fact that the Bank of Canada is potentially aggressively...
iconRelevance until5 May 2022 at 4:19PM (UTC+0)
Analytical expert: Egor Danilov
7 April 2022 at 8:28PM (UTC+0)

Canada's economy is growing

Canada's economy posted gains in February, gaining for three consecutive quarters, showing just how successful a major commodity nation can be in times of global uncertainty. Real gross domestic product...
iconRelevance until14 April 2022 at 4:00PM (UTC+0)
Analytical expert: Egor Danilov
31 March 2022 at 9:27PM (UTC+0)

Experts predict hike in Canada's prime lending rate

Against the background of strong economic data from the Statistics Canada a day earlier, the central bank is likely to raise interest rates more quickly. The Bank of Canada...
iconRelevance until30 March 2022 at 3:59PM (UTC+0)
Analytical expert: Egor Danilov
2 March 2022 at 5:15PM (UTC+0)

The Canadian dollar is declining amid geopolitics

On Thursday, the Canadian dollar fell to its lowest level since December against the US dollar, as Russia's invasion of Ukraine triggered a flight to safe havens in global financial...
iconRelevance until27 February 2022 at 3:31PM (UTC+0)
Analytical expert: Egor Danilov
24 February 2022 at 4:11PM (UTC+0)

Canadian dollar shows decline

The Canadian dollar fell against its US counterpart on February 17, as the price of oil, one of Canada's main exports, fell and rising tensions over Ukraine supported demand...
iconRelevance until20 February 2022 at 4:06PM (UTC+0)
Analytical expert: Egor Danilov
17 February 2022 at 6:45PM (UTC+0)

Dollar will rise this session, but is the news from the US so good? Citi is also pessimistic

Consumer confidence in the US increased in October. This came as a surprise to economists, who set the bar at 108.3 points. We were also pleased with the news from...
iconRelevance until23 November 2021 at 4:29PM (UTC+0)
Analytical expert: Egor Danilov
26 October 2021 at 9:14PM (UTC+0)