USD is down 0.6% against CAD this morning and near the lower end of its range for the last several weeks. The reason is overall USD weakness across most major…
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The markets are starting the week on a very calm note. Equities look to open unchanged from last week’s close, oil is flat, and the US dollar is generally stable…
With the equity markets looking calm and oil flat, the Canadian dollar is unchanged from yesterday’s close. The Loonie is trading right in the middle of the range in which…
The Bank of Canada wants you to know that rates will not be going up for a long time. That was the key explicit message that Governor Macklem wanted conveyed…
The Canadian dollar is stronger by 0.3% this morning in response to positive news out of a US vaccine trial. But all eyes are on the Bank of Canada this…
The Canadian dollar began weakening late in the day yesterday in response to the risk-off sentiment and the stock market selloff. The USD to CAD rate is now at 1.363…
The Canadian dollar is stronger by a modest 0.25% this morning as global risk sentiment improves despite the negative picture emerging from some US states. The Canadian dollar remains highly…
The Canadian economy added nearly one million jobs in June as businesses began to hire as part of the economic restart. The number of jobs added was better than the…
The budgetary update yesterday forecasted a larger deficit ($340 billion) for the current fiscal year than was expected ($250 to $300 billion). While fiscal conditions are important to watch for…
The USD is lower across the board this morning, including down about 0.25% against the Canadian dollar. In Canada, there is a lot of attention being paid to this afternoon’s…