The US dollar is stronger by 0.25% against the Canadian dollar this morning. The markets continue to seesaw between optimism on economic recovery and worries about the persistent effect of…
The Canadian dollar seems to have found a stable level at about 1.360 over the last couple of weeks and remains range-bound. The USD to CAD exchange rate is flat…
The USD to CAD exchange rate has been trading in a tight range for a few days and is flat this morning. In general, for the last two weeks, the…
Happy belated Canada Day! The Canadian dollar is right around where it left off before Canada Day. A huge job gains number in the US has cheered on the equity…
The Canadian economy contracted by 11.6% in April. The consensus forecast was for a 13% drop in GDP so the result, as bad as it was, is better than expected. …
The USD to CAD exchange rate is steady this morning as markets gear up for a shortened week with the Canada Day holiday on the horizon. Trading is choppy and…
The US dollar is steady this morning as the markets continue to absorb the latest information about the renewed spread of the virus and its potential impact on the economic…
Yesterday, the Canadian dollar started the day down 0.2% and continued to trade down losing 0.5% for the day. This morning the USD to CAD rate is flat. The concern…
The roller coaster ride in sentiment continues. Coronavirus cases continue to rise globally and in certain parts of the US. There is a fear that the reopening will have to…
Bank of Canada’s new Governor Tiff Macklem sounded more dovish and more pessimistic about economic recover yesterday than his predecessor. He emphasised that the bank expects supply to recover faster…