The Canadian dollar is very slightly up this morning with USD to CAD currently at 1.266 (CAD to USD is at 0.790). Canadians head to the poll on Monday to vote…
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The Canadian dollar is down slightly (0.3%) against the US dollar this morning and remains much closer to the lows for 2021 than the highs it reached in June of…
Canada’s Consumer Price Index (CPI) rose 4.1% on a year-over-year basis in August, the fastest pace since March 2003, and up from a 3.7% gain in July. The high rate…
In the US, prices rose less than expected in August, possibly signaling that the recent bout of red-hot inflation is indeed transitory and may be starting to cool. Core inflation…
The markets have started the week with sentiment leaning to positive and stocks trading up for the first time in five days. This is pushing up risk assets like the…
The Canadian dollar, which had been slumping all week, is rallying this morning and has regained some of its losses over the last few days. The loonie is up over…
The Canadian dollar is unchanged today and trading about 1.5 pennies away from its lows for 2021. USD to CAD is currently at 1.268 (CAD to USD at 0.789). Yesterday,…
In a highly anticipated statement today, the Bank of Canada did its best not to rock the boat in any way in the middle of a fourth wave and a…
The Bank of Canada is set to make its interest rate announcement tomorrow in an unusually tricky environment. Second quarter GDP growth in Canada was hugely and surprisingly disappointing. One…
The US dollar is at its lowest level in three weeks against the Canadian dollar as the economic picture gets murkier. USD to CAD is currently at 1.253 (CAD to…