The Canadian dollar gained strength from rising equity and oil prices and finished the week at a 3-week high against the US Dollar. The US Dollar to Canadian dollar exchange…
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The US dollar to Canadian Dollar exchange rate reached an 18-month high when it surged passed 1.30 on Thursday. The USD/CAD rate is currently sitting at 1.2948 (CAD/USD 0.7722). Seesawing…
The USD to CAD rate is currently sitting at 1.2710 (CAD to USD 0.7867) and is up just over half a cent this week, reaching its peak since mid-March. The USD dollar gained…
USD/CAD rate is currently trading at 1.2615 (CAD to USD 0.792702) and is seeing very little movement due to light holiday trading activity. The Canadian dollar to US Dollar exchange…
On Monday of this week, the Canadian dollar hit a 7-week high against the US dollar. The USD to CAD is currently at 1.252 (CAD to USD 0.7987 ). The CAD…
A large-scale invasion of Ukraine by Russian troops involving land, air and sea-based assaults is now a reality. As of Sunday morning, Russian troops were pounding Kyiv with citizen-soldiers taking up…
The dual uncertainty around the potential conflict between Russia and Ukraine and how to best tackle the inflation conundrum continue to hang over financial markets, leaving investors stuck somewhere between…
At this point, it is painfully clear that what most central banks had thought to be ‘transitory’ inflationary pressures are anything but that and instead are here to stay. This…
In the first material move for the exchange rate in 2022, the Canadian dollar is up 0.6% against USD and is the strongest performing major currency today. We believe this…
The US Federal Reserve surprised markets with its hawkish tone. That led to a rally in the US dollar but the impact of the strong USD was muted against CAD…