Sentiment continues to fluctuate wildly as negative news flow from the pandemic collides with the enormous liquidity unleashed on the markets by central banks. Today, liquidity is on top and…
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The Canadian dollar is at 1.410 this morning and close to unchanged against its closing levels on Friday. Tiff Macklem was announced as the next governor of the Bank of…
Interchange Financial Corporation, Canada’s leading foreign exchange company, has launched a new index called the Consensus Canadian Dollar Forecast. The Interchange Financial Consensus Canadian Dollar Forecast draws on the views…
A nice summary of the back and forth between yesterday’s Senior Deputy Governor dovishness and the today’s fireside chat with Poloz where he said he thought monetary policy was just…
Yes, but… A recent innovation which ties new technology with good ol’ foreign exchange is the ability for consumers to order foreign cash online for home delivery across Canada. Even…
Two members of the C.D Howe Institute explore the dynamics of Canada’s elevated interest rate environment relative to the comparable countries in the article below. The point out that higher…
You are planning a vacation and wondering how you will pay for things when abroad. One method is to use your credit card. Credit cards issued in Canada are accepted…
In Canada, many people have US dollar accounts. This is natural given that we live next to the largest economy in the world. But it also raises the question of...
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Travelling can be expensive. One way to save on travel is to make sure you are getting the best exchange rate when purchasing the foreign currency of the country to…