The Canadian Dollar has had an interesting week and has shown surprising resilience against a broadly stronger US Dollar as of late. Heading into the Canada Day long weekend, we…
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This morning, hawkish comments by a Fed Governor have once again taken center stage. This time, it was comments by Governor Bowman, who indicated yesterday that interest rates should stay...
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Introduction In today’s globalized economy, the need to transfer money across borders is more common than ever—whether for purchasing property abroad, paying for education, or supporting family overseas. However, international…
The US dollar surged this Monday after the release of the manufacturing survey, which indicated that activity in the manufacturing sector expanded for the first time in over a year…
The Canadian dollar and US dollar (USD/CAD) currency pairing continues to be heavily influenced by interest rate expectations. Specifically, market participants are keenly focused on when interest rate changes will…
The Canadian dollar sank below 1.36 Tuesday overnight into early Wednesday, reaching a two-and-a-half-month low (USD/CAD highs), before finding its footing on mixed US GDP numbers. As discussed previously, any…
This morning, global equity markets and sentiment are more positive based on what are thought to be the initial, albeit tepid, steps by Beijing to kickstart a stalling economy by…
The past three weeks have been marked by nothing but doom and gloom on the global economic stage. The damage has been deep and far-reaching. By way of a couple…
Wednesday’s release of Canadian GDP data surpassed expectations, with the annualized growth rate registering at 3.1%, exceeding the projected range of 2.3% to 2.5%. Will GDP growth, along with strong…
As expected, the Federal Reserve approved another quarter-percentage-point interest-rate increase, but much more significantly, it acknowledged that a banking crisis might result in the Fed’s rate-increase campaign coming to an…