The Canadian dollar remains mostly flat from last week’s close on Friday. But given the sell-off of the previous few weeks, the Canadian currency continues to trade at near 7-week…
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The stock markets have opened the week with risk being in favour once again. Sentiment got a boost from news over the weekend that a stimulus bill is still likely…
It is a mixed day in the markets overall today but the US dollar strength continues. The US currency is 0.2% against the Canadian dollar and is hovering near 7-week…
The Canadian dollar is flat this morning but has fallen 1.7% over the last week and is now trading at levels not seen since late July. The reason for the…
The Canadian dollar has fallen to 6-week lows against a broadly stronger US dollar. In Canada, the country is focused on the throne speech and the unusual address to the…
The Canadian dollar lost 0.7% yesterday and is now trading at a 5-week low against its US counterpart. Yesterday’s move was a result of a flight to safety (to the…
Stocks look to open sharply lower this morning. The selling started in Europe where investors are concerned about the resurgence of the virus and potential lockdown measures, especially in the…
Canadian retail sales in July rose by 0.6 per cent, led by higher sales at motor vehicle and parts dealers. That was below the 1% forecast from analysts. Statscan estimates…
The US dollar is stronger across the board, including up 0.3% against the Canadian dollar. This is the first notable move up in USD in quite a few sessions. The…
Core inflation in Canada for August was in line with expectations as the Consumer Price Index showed an increase of 0.8% year over year. The news that the US/Canada border…