USD to CAD is currently at 1.253 (CAD to USD at 0.798). The US dollar is trading half a penny higher than prior to the long weekend (for most Canadians). …
Here is what we can say about the economic picture in North America at the end of a busy week; it is murkier than when we started the week. The…
The US dollar is down 1% since yesterday morning against its Canadian counterpart. The primary reason for the decline is the very cautious tone taken by Fed Chairman Powell in…
June inflation in Canada came in at 2.7%. While the inflation figure is high historically, it is near consensus expectations and unlikely to impact the course of monetary policy in…
USD to CAD remains range-bound around 1.256 (CAD to USD at 0.796) as investors await a couple of potentially significant catalysts for exchange rates. First up tomorrow morning will be…
The Canadian dollar starts the week right where it ended last week. USD to CAD is at 1.257 (CAD to USD is at 0.795). The calm comes after a tumultuous…
The Canadian dollar is set to end the week about half a penny above where it started but only after a roller-coaster week in which currencies bounced around on shifting…
The US dollar dropped further this morning after weekly jobless claims unexpectedly moved higher raising some doubt about a strong U.S. labor market recovery in the fall. The drop comes…
It is only Wednesday morning and it has already been a whirlwind week for the Canadian dollar. Monday saw stocks sell off very heavily on concerns about the spread of…
The US dollar steamed ahead yesterday as the popular reflation trade seemed to be unravelling in the face of renewed worries about Covid variants jeopardizing the global economic recovery. For…