The US dollar is largely unchanged and holding just under the one month high it hit late last week against the Canadian dollar. Last week’s move up in the greenback…
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The US dollar is up a notable 0.7% against the Canadian dollar this morning. Combined with yesterday’s gains, the greenback is now up 1% against the loonie and at the…
As we near the end of the year and on a quiet day in the currency exchange markets, it might be interesting to consider where the exchange rate has been…
The Canadian dollar is nearly unchanged from the end of last week as the markets await further economic signals. On Wednesday, we get US inflation figures which are forecasted to…
October job creation in Canada was below expectations while US job creation was somewhat above expected levels. Canada had already returned to pre-pandemic level in total number of jobs in…
The US dollar has bounced back from the dip it experienced after the Federal Reserve announcement yesterday. The Fed emphasized that it is moving cautiously to rein in monetary stimulus. …
Today at 2 PM ET, the US Federal Reserve will release the results of its two day meeting. The Fed is still the world’s most important central bank and the…
The Canadian dollar gained about 4 pennies in the first two weeks of October and it has been mostly range-bound since then. In fact, despite some volatility around various news…
The Canadian economy seems to be having trouble with the “last mile” of recovery and the currency exchange markets are showing their disappointment by pressuring the Canadian dollar. USD to…
Yesterday, the Bank of Canada moved forward its estimated date for beginning interest rate hikes to mid 2022 from the previous estimate of late 2022. The Bank has also ended…