The Bank of Canada has met the market’s aggressive expectations on rate increases, causing the Canadian dollar to firm up. The money markets were pricing in at least one rate…
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Attention turns to domestic factors this week as the Bank of Canada is set to make its rate announcement and release its quarterly Monetary Policy Report. The focus for the…
With oil at multi-year highs and stocks pushing record levels, the Canadian dollar has been experiencing short-term Goldilocks conditions. Equities are down slightly this morning but with the monster gains…
According to figures released by Statistics Canada this morning, the consumer price index rose 4.4 per cent in September from a year earlier. That level of inflation is the highest…
The Canadian dollar, which is already trading at multi-month highs, is little changed against USD this morning. USD to CAD is currently at 1.236 (CAD to USD is at 0.809). …
The Canadian dollar is nearly unchanged this morning after hitting new multi-month highs against the US dollar last week. USD to CAD is currently at 1.236 (CAD to USD is…
The Canadian dollar continues to gain ground against most other major currencies and is up another 0.5% against the US dollar this morning. USD to CAD is now down to…
US consumer prices in August increased by 0.4% over the previous month and by 5.4% over a year ago. Energy and food price increases were partially offset by declines in…
The Canadian dollar is holding its impressive gains and trading near its highest level since July against the US dollar and near its highest level since 2017 against the euro…
The Canadian dollar is up 0.6% this morning and trading at its highest level in two and a half months. USD to CAD is currently down to 1.250 (CAD to…