The US dollar is up again broadly against most major currencies this morning and the value of USD to CAD is now 1.238. The US dollar had given up some…
The week starts with the Canadian dollar down 0.4% as U.S. dollar edged up across the board in response to a slightly risk-averse tone in the markets. Stocks are just…
A key US inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, but in line with expectations given…
After last week’s surge, the US dollar has given up some ground and now sits at 1.227, almost exactly at the Interchange Financial Short-Term Consensus Forecast for the end of…
The Canadian dollar is down 0.2% this morning after gaining 0.8% yesterday. Those moves represent the settling down of the USD to CAD exchange rate and pale in comparison to…
The Bank of Canada tilted hawkish in its April statement and in doing so moved ahead of the US Federal Reserve in projecting a pullback in monetary stimulus. The Canadian…
The US dollar is up again this morning as the Fed-fueled rally continues for the greenback. The Canadian dollar has not been immune to the US dollar’s strength and is…
The US dollar has jumped 1.3% since yesterday afternoon and is now trading at its highest level against the Canadian dollar in nearly 7 weeks. The move comes as the…
USD has jumped to its highest level since early May as the US Federal Reserve delivered a statement that is decidedly more restrained in its stated willingness to continue monetary…
Over the last couple of days, oil prices have risen to pandemic-era highs and are approaching the highest levels since 2014. Stock indices have stabilized at or near record levels. …