The markets have opened the week on a decidedly positive mood this morning. All the major stock indices are positive as are risk currencies like the Canadian dollar, which is…
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It has been an inconclusive morning for the prospects of North American economic recovery. On the one hand Canadian manufacturing sales rose by more than expected in June. On the…
The US dollar weakness continues. The US dollar is now trading at its lowest level against the Euro since May of 2018. The Canadian dollar it is comfortably at its…
After recovering a bit over the last week, the US dollar is once again at near the lowest point against the Canadian dollar that it has seen since late February,…
The US dollar is weaker broadly this morning reflecting positive sentiment in global markets. That, combined with oil being up 2%, has led to the Canadian dollar being up by…
The Canadian dollar looks to open the week right around the same levels as it ended last week, despite the fact that oil, gold, and equities are all in the…
It’s jobs day in Canada and the US. Canada gained 419,000 in July as more parts of the economy were allowed to reopen. Canada has now recouped half of the…
The Canadian dollar is close to unchanged this morning and still trading at the highest levels seen since the beginning of the global lockdowns. By far the biggest story in…
The Canadian dollar has gained 1% against USD between yesterday morning and today. Contrary to some of the analysis being offered, the move has almost nothing to do with domestic…
The US dollar has started August stronger against most major currencies. This comes after the weakest month performance in July for the US currency index in nearly a decade. Against…