The USD to CAD rate is flat this morning and has been trading at around the same level for the last couple of days. Overall, markets have become stable after…
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The economic recovery in Canada continues to surprise to the upside. In the fourth quarter, GDP grew by 9.6% on an annualized basis. The consensus expectation had been for 7.5%…
The market volatility continues. The US dollar has given up 0.5% against the Canadian dollar this morning. That move comes after USD ended last week up 1.8% from the 3-year…
What a difference a day makes! The US dollar has bounced back by 1.2% from yesterday’s three year lows against the Canadian dollar. The move came as stocks plummeted yesterday…
The Canadian dollar is ploughing further into multi-year highs as economic confidence, rising stock markets, and assurances about accommodative monetary and fiscal policy continue to pummel the US dollar. The…
The US dollar is now trading at its lowest point since February of 2018 against the Canadian dollar. The USD weakened notably yesterday yesterday after dovish comments from both Fed…
The markets feel like they are at an inflection point. The logic that has been driving prices during most of the pandemic is beginning to change. Markets have been looking…
The stock markets start the week on a mildly pessimistic note with stock indices trading down this morning around the world. The pessimistic mood in stocks is actually a result…
Yesterday, the Canadian dollar started the day quietly but then slowly started gaining against the US dollar. The momentum then picked up overnight and the Canadian dollar is now up…
The markets are taking a bit of a breather. Stocks are down slightly from record levels. Oil prices are flattish and even bitcoin is down a bit today. The USD…