US core inflation for May came in at above the forecasted level but not by a sufficiently large margin to impact the prevailing narrative that the current inflationary period is…
As we await the Bank of Canada interest statement this morning, USD to CAD continues hover in the middle of the range in which it has been trading for the…
The Canadian dollar is unchanged and hovering in the middle of the range in which it has been trading for the last month and about a penny away from the…
The markets are largely status quo this morning. Equity benchmarks are either at or near record highs. Oil is just off of its highest levels since late 2018. Bond yields…
The Canadian dollar is up slightly (0.2%) after giving up significant ground yesterday against the US dollar. The Canadian economy lost a larger number of jobs than expected in May…
USD to CAD has been mostly rangebound between 1.20 to 1.21 since mid May. This morning, the US currency is up broadly and trading just above upper end of that…
This morning the Canadian dollar is holding steady at just below the 6 year highs and is the best performing G10 currency so far in 2021. So, it is probably…
Canada’s economy continued its recovery driven by a surge in home construction and a rebound in consumption. GDP expanded by annualized 5.6% in the three-month period, which was actually below…
USD to CAD is flattish and this is likely to be one of the quietest trading days of the year for the Canadian dollar as the US (our largest trading…
The US dollar is broadly higher this morning (up 0.3% against CAD) as a key indicator of US inflation came in at 3.1% in April, somewhat higher than expected. The…