US wholesale inflation, which is often a leading indicator of consumer inflation, hit its highest level in November in over a decade. That news comes shortly after we heard on…
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A month ago we summarized the performance of the Canadian dollar in 2021. Just a couple of weeks later, the Omicron virus hit the financial markets and changed everything, including…
The Bank of Canada acknowledged both the surprisingly persistent inflationary pressures as well as uncertainty associated with Omicron but indicated that neither factor has changed the monetary policy plans laid…
The Canadian dollar is up nearly 1.5% over its recent lows and is having its best couple of days in quite a few months. The gains have come as investors…
The Canadian dollar popped this morning as the November jobs numbers surprised in opposite directions on either side of the 49th parallel. The U.S. economy created far fewer jobs than…
The Canadian dollar is once again nearing its lowest level for 2021 against the US dollar. At the moment, USD to CAD is at 1.283 (CAD to USD is at…
In the last five days, the USD to CAD exchange rate has traded as high as 1.282 and as low as 1.264. The heightened volatility has come as financial markets…
Global and domestic developments are pulling the Canadian dollar in opposite directions today. Canada’s economic growth in the third quarter outpaced expectations by a significant margin. The economy grew at…
“Omicron” has quickly become a late entry for word of the year. On social media, young people are already using it to refer to a negative surprise; “he is such…
The new Covid variant first detected in South Africa is roiling the financial markets and has pushed up the value of USD to CAD to its highest level in 8…