Yesterday, the first day of trading for 2021, was an interesting one. After slipping in the morning to near 2 1/2 year lows in the morning, the US dollar regained…
Happy New Year! What will the new year bring in the financial markets? Only time will tell and we have our views which we have shared previously. What we can…
The Canadian dollar is up 0.4% this morning and looks set to finish just below its highest levels since April of 2018. At its lows for the year, at the…
In the final few trading days of the year, the Canadian dollar is making a push towards the two a half year highs at which it traded mid December. It…
The US dollar continues to languish as a sea of optimism pushes up the equity markets further into record territory. Amidst the end of the political drama over the US…
Britain and the European Union finally agreed this morning on a new post-Brexit trading arrangement, more than four years after the U.K. voted to leave the bloc. The announcement, which…
Canada’s economy (real GDP) grew in October for the sixth consecutive month, up 0.4% following a 0.8% increase in September. Total economic activity is now just 4% below February’s pre-pandemic…
The Canadian dollar is lower by 0.4% this morning after a wild ride on Monday which saw the Loonie trade even lower before recovering some ground late in the day. …
For the last four weeks, the USD has been declining (and Canadian dollar rising) on the assumption that vaccination programs would bring the pandemic under control by the second half…
The Canadian dollar has been underperforming most of this week and that continues today. The underperformance is not particularly large but it is notable that while the US dollar has…