So far October has been very volatile for the USD to CAD exchange rate. In just the first four trading days of the month, the value of USD has gyrated…
As of late, there have been two opposing forces pulling the Canadian dollar in opposite directions. On the one hand, we have the price of oil, which is up again…
Oil prices jumped further this morning as OPEC+ elected not to raise November quotas beyond previously announced increases. The decision to stick with the status quo comes despite the fact…
USD to CAD begins the final quarter of 2021 at 1.267 (CAD to USD is at 0.789). That puts it around the middle of the range of where it had…
The US dollar has been flying high against most currencies for the last few days. An index the value of the US currency against a basket of trading partners surged…
There are many themes animating the currency exchange markets these days (energy prices, China Evergrande, the Delta variant, the US debt ceiling, supply constraints, etc.). But today is all about…
This morning, the Canadian dollar exchange rate is little changed from where we ended last week. USD to CAD is currently at 1.266 (CAD to USD is at 0.790). After…
It has been a busy week of news for the Canadian dollar and it showed in the volatility of the exchange rate. An unusually volatile loonie has gyrated in a…
The Canadian dollar has bounced back strongly, gaining 1.3% since yesterday morning, and recovering all its losses from earlier this week. At the moment, USD to CAD at 1.264 (CAD…
The volatility in the currency exchange and the broader financial markets has abated somewhat but we continue to see wider-than-usual intraday ranges for the USD to CAD exchange rate. The…