In the last five days, the USD to CAD exchange rate has traded as high as 1.282 and as low as 1.264. The heightened volatility has come as financial markets…
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Global and domestic developments are pulling the Canadian dollar in opposite directions today. Canada’s economic growth in the third quarter outpaced expectations by a significant margin. The economy grew at…
“Omicron” has quickly become a late entry for word of the year. On social media, young people are already using it to refer to a negative surprise; “he is such…
The new Covid variant first detected in South Africa is roiling the financial markets and has pushed up the value of USD to CAD to its highest level in 8…
We have been saying to expect volatility this week given the low volumes around the US Thanksgiving holiday and the last couple of days have proven the point. Over the…
The USD to CAD exchange rate is more volatile than usual as the normal news flow is being compounded by light volumes in the holiday-shortened week in the US. At…
The Canadian dollar has hit a 7-month low this morning as the US dollar jumped broadly on the selectin of Jerome Powell to lead the Fed for a second term. …
The price of oil is down 2% this morning and trading at a 6-week low and sure enough the Canadian dollar also continues to hover at a 6-week low. That…
We have taken a lot of flak on our views on the Canadian dollar exchange rate over the last few months. For a while now the Interchange Financial Consensus Canadian…
The Canadian dollar continues to drift lower and is now at a 6-week low against the US dollar. At the moment, USD to CAD is at 1.257 (CAD to USD…