The Canadian dollar slid against the US dollar, with the decline accelerating mostly due to US Federal Reserve Chair Powell’s comments earlier in the week that the Fed might need…
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After five consecutive quarters of positive growth, Canada’s GDP stalled during the final quarter of last year. A decline in business investment in machinery and equipment, coupled with slower inventory…
Canada made headlines this week with the release of its latest inflation and retail sales data. The inflation figures were particularly noteworthy, with both the headline (which includes volatile commodities...
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After touching its weakest intraday level in over two weeks on Friday at just under 1.299, driven by stronger US and weaker Canadian employment numbers, the Canadian dollar rallied to…
Global markets have shifted to a more positive outlook after a gloomy close yesterday. A number of better-than-expected corporate earnings announced after the market closed along with relatively less extreme inflation…
With the Canadian dollar closing in on a 7-week high against the US Dollar it’s worth asking if it’s the Lonnie is gaining strength or the US dollar sputtering? As…
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…
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…