The Bank of Canada tilted hawkish in its April statement and in doing so moved ahead of the US Federal Reserve in projecting a pullback in monetary stimulus. The Canadian…
The US dollar is up again this morning as the Fed-fueled rally continues for the greenback. The Canadian dollar has not been immune to the US dollar’s strength and is…
The US dollar has jumped 1.3% since yesterday afternoon and is now trading at its highest level against the Canadian dollar in nearly 7 weeks. The move comes as the…
USD has jumped to its highest level since early May as the US Federal Reserve delivered a statement that is decidedly more restrained in its stated willingness to continue monetary…
Over the last couple of days, oil prices have risen to pandemic-era highs and are approaching the highest levels since 2014. Stock indices have stabilized at or near record levels. …
The Canadian dollar has fallen to the low end of its recent range and is now trading at a one month low. The move is unrelated to anything specific to USD…
US core inflation for May came in at above the forecasted level but not by a sufficiently large margin to impact the prevailing narrative that the current inflationary period is…
As we await the Bank of Canada interest statement this morning, USD to CAD continues hover in the middle of the range in which it has been trading for the…
The Canadian dollar is unchanged and hovering in the middle of the range in which it has been trading for the last month and about a penny away from the…
The markets are largely status quo this morning. Equity benchmarks are either at or near record highs. Oil is just off of its highest levels since late 2018. Bond yields…