Yesterday, we saw a notable decline in the value of the CAD against USD. The value of USD to CAD is now at 1.245 (CAD to USD: 0.803). The loonie…
Oil touched its highest level in six years after OPEC+ talks failed to produce an agreement on a supply increase. With the current deal set to expire in August, it…
With the US markets closed for the Independence Day holiday, the focus is on oil prices which are continuing to hold steady this morning at near 6-year highs. OPEC+ is…
After nearing its lowest levels since late April during the Canada Day holiday yesterday, the Canadian dollar has partially reversed losses and is the strongest major currency this morning and…
As we come to the end of the second quarter and the first half of the year, it makes sense to review how the Canadian dollar has performed so far…
The US dollar is up again broadly against most major currencies this morning and the value of USD to CAD is now 1.238. The US dollar had given up some…
The week starts with the Canadian dollar down 0.4% as U.S. dollar edged up across the board in response to a slightly risk-averse tone in the markets. Stocks are just…
A key US inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, but in line with expectations given…
After last week’s surge, the US dollar has given up some ground and now sits at 1.227, almost exactly at the Interchange Financial Short-Term Consensus Forecast for the end of…
The Canadian dollar is down 0.2% this morning after gaining 0.8% yesterday. Those moves represent the settling down of the USD to CAD exchange rate and pale in comparison to…