February inflation in Canada came in below expectations which caused the Canadian dollar to give up 0.2% against the US dollar. Despite the move, the Loonie continues to trade just…
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The Canadian dollar continues to hover near 3-year highs this morning despite the fact that oil is down 1.5%. More broadly, the markets are in a holding pattern while we…
The Canadian dollar is flat this morning but it is already trading at the highest levels since February of 2018. Friday’s stronger-than-expected jobs number was the catalyst for the Loonie’s…
What a week it has been for the markets! From fears of inflation and rising bond yields to a reversal of all of that and record stock prices and the…
The Bank of Canada acknowledged the strong economic recovery but gave no hints as to when it might begin slowing down the pace of bond purchases or consider raising rates. …
Fear of rising inflation has been the focus of the markets for the last few weeks. That is why when February inflation in the US came in line with expectations…
Technology stocks are leading a surge in stocks this morning. This comes a day after yesterday’s significant gains in large cap stocks. Today’s move is precipitated by a modest retreat…
After a lot of ups and downs, the USD to CAD rate is right back where it started 2021. It currently trades at 1.265 but has traded as much as…
In yesterday’s note we pointed out that there could be some volatility around Fed Chairman Powell’s speech and that turned out to be the case and the some! Powell committed…
The Canadian dollar is up 0.2% against the US dollar this morning but there is little conviction in the move and things could change quickly during the course of the…