加元兑美元汇率触及1.37，为2025年8月以来的最高点。在过去的4周里，美元加元下跌了0.55%，在过去的12个月里，它上涨了0.87%。

The Canadian Dollar touched 1.37 against the USD, the highest since August 2025. Over the past 4 weeks, US Dollar Canadian Dollar lost 0.55%, and in the last 12 months, it increased 0.87%.

加拿大银行恢复货币宽松政策。加拿大央行在今天的公告中恢复了货币宽松政策，将政策利率下调25个基点至2.50%。市场参与者普遍预期降息，尽管我们倾向于加拿大央行 延长货币政策暂停期，保持利率稳定。

Bank of Canada Resumes Monetary Easing.The Bank of Canada (BoC) resumed its monetary easing at today's announcement, lowering its policy rate by 25 bps to 2.50%. The rate cut was widely expected by market participants, although we had leaned towards the BoC extending its monetary policy pause and holding rates steady.

加拿大央行 麦克勒姆州长：降息的共识是明确的。。加拿大央行行长Tiff Macklem回答了记者的提问，对央行的政策前景提供了见解。他的评论是在加拿大央行 将政策利率下调25个基点至2.50%，这是市场普遍预期的举措。

BoC Governor Macklem: Consensus to cut rates was clear..Bank of Canada Governor Tiff Macklem addressed reporters' questions, offering insights into the central bank's policy outlook. His remarks came after the BoC lowered its policy rate by 25 basis points to 2.50%, a move that markets had broadly anticipated.

加拿大10年期政府债券收益率降至约3.15%，此前加拿大央行将政策利率下调25个基点至2.5%，并标志着持续的宽松政策，市场重新定价了政策和长期通胀的预期路径。在国内，增长放缓加剧，第二季度GDP收缩约1.6%，出口暴跌约27%，这削弱了增长和贸易前景，使未来降息更有可能。与此同时，8月份整体通胀率降至1.9%，使中国银行有空间在不损害其目标的情况下放松政策，劳动力市场疲软减轻了短期工资压力。最后，美国国债收益率下降和全球长期利率普遍回落已经传导到加拿大国债，并压缩了期限溢价。

The yield on the Canadian 10-year government bond eased to about 3.15% as markets repriced the expected path for policy and long run inflation after the Bank of Canada cut its policy rate by the widely anticipated 25 basis points to 2.5% and signalled a durable easing campaign. Domestically a sharper growth slowdown has reinforced that repricing with second quarter GDP contracting roughly 1.6% and exports plunging about 27%, which weakened the growth and trade outlook and made future rate cuts more plausible. At the same time headline inflation eased to 1.9% in August, giving the BoC room to loosen policy without jeopardising its target, and labour market weakness has reduced near term wage pressure. Finally lower US Treasury yields and a general retreat in global long rates have transmitted to Canadian paper and compressed the term premium.