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's inflation rate rises for first time since last June: Statistics Canada

Canadian dollar a factor in Bank of Canada rate decisions

Dollar falls as Treasury yields retreat

Bank of Canada holds rates again, RBC handed $7.4-million penalty and GIC party winds down: Business and investing news for December 10 - The Globe and Mail

Canadian Dollar Slips on Bank of Canada Pivot

Bank of Canada Sees Quantitative Tightening Ending by 2025 - Bloomberg

Big interest rate cuts ahead from the Bank of Canada if 2001 is any indication

Bank of Canada holds rate steady but warns more increases are possible — even as markets bet they're done

I think the Canadian dollar will start to strengthen in 2023: Chief economist - Video - BNN