The Canadian dollar is up 0.2% this morning on improved global sentiment and trading right around the Interchange Financial Short Term Consensus Forecast of 1.315. The equity markets are up…
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All is (mostly) quiet on the Canadian dollar front as the Loonie is up just 0.1% over Friday’s close. The equity markets have started the week by making an attempt…
This morning the Canadian dollar is unchanged from yesterday’s close. In fact, we have been hovering around this same level for two days now. The stock market continues to recover…
Yesterday’s Bank of Canada statement was largely a reconfirmation of the status quo. The Bank recommitted to low rates for years to come as well as a continuation of the…
The Canadian dollar ended yesterday at its lowest level since mid August as we saw a significant selloff in tech stocks, energy and other commodities. This morning, the Loonie has…
We start this week the way we ended the last one; a significant sell-off in the stock market focused on the technology sector. There is no single catalyst for the…
Yesterday, the stock market was down significantly as tech names came under particular pressure. The NASDAQ sold off 5%, though it was already trading at record levels. The selloff led…
Trade data in July out of both the US and Canada showed greater imports and exports, indicating greater economic activity than forecast. Also, weekly unemployment claims in the US came…
The Canadian dollar is flat at mid day against the US dollar. This is somewhat surprising given that USD is up significantly against other currencies and oil is down 2.6%. …
The US dollar decline continues in modest but steady fashion. This morning, the US dollar is again weaker overall but flat against the Canadian dollar. In Canada, the August manufacturing…