The Canadian dollar is down 0.7% this morning and now trading at a 3-week low against the US dollar. Stocks continue their sell-off with the S&P down another 2.2% this…
Read More
The Canadian dollar ended up down 0.8% yesterday and was the worst-performing G-10 currency, as stocks sold off heavily and oil traded. All these assets were reacting to negative market…
The Canadian dollar is down 0.3% this morning as the markets experience a notable bout of risk aversion related to the global resurgence of Covid as well dimming hopes for…
For the second day in a row, risk sentiment is modestly positive this morning. The Canadian dollar is flattish and now up 0.3% over the week but still mostly rangebound. …
The markets are starting out in a relatively quiet fashion with equities, oil, and the US dollar all up modestly. The Canadian dollar is down just 0.1% and right in…
A different picture of Canada’s economic circumstances is starting to emerge. Inflation was up 0.5% in September from the prior year. That was just above the expectation of 0.4%. Adding…
The focus of the markets remains on the political scene in the US. Most immediately, the prospects of a fiscal stimulus deal are currently the biggest driver of sentiment. Yesterday…
The markets have started the week on a positive note with global sentiment improving. Stocks are trading up, oil is flat and the US dollar is down across the board. …
After giving up some ground yesterday, the Canadian dollar is now trading at the middle of the range of where it has been trading since mid August. This morning it…
This morning, the Canadian dollar is experiencing its first significant down move since the beginning of October. The Loonie is down 0.6% as stock decline (1%) and oil sells off…