The Canadian dollar is the worst performing major currency for the second day in a row. At the moment USD to CAD is at 1.290 (CAD to USD at 0.775). …
The US dollar is up a notable 0.8% against the Canadian dollar this morning. At the moment USD to CAD is currently at 1.275 (CAD to USD at 0.784). The…
Annual inflation in Canada rose to 3.7% per cent in July from 3.1% in June. Price increases were broadly distributed across the economy but gasoline and housing contributed more than…
As the mood in the currency markets turns risk averse, the US dollar is trading at its highest level against its Canadian counterpart in nearly a month. A disappointing US…
July economic activity in China came in below expectations as the latest Covid outbreaks seemed to weigh on the world’s second largest economy. That has led to renewed demand concerns…
The Canadian dollar is unchanged and has been trading in a very tight range since Wednesday. USD to CAD is at 1.252 (CAD to USD at 0.798). Other markets have…
The Canadian dollar is little changed from yesterday and is now hovering in the middle of its August trading range. USD to CAD is at 1.252 (CAD to USD at…
US inflation remained elevated in July (5.4% year over year) but was near consensus expectations (5.3%) and not sufficiently high to impact the path of monetary policy set by the…
In the US, there are indications (based on data released on Friday and Monday) that the jobs recovery is moving faster than anticipated. That has renewed conversation about “tapering” or…
Canadian employment rose by a disappointing 94,000 in July. While one month’s figures do not necessarily indicate a trend, the July numbers just released are sufficiently below the consensus forecast…