USD to CAD has had an interesting ride so far today. The Canadian dollar started the morning weaker by about 0.3% as a somewhat subdued global sentiment was reflected in…
The Canadian dollar continues to be rangebound and is only slightly up from the end of last week against the its US counterpart. The overall picture remains the same. Industrial…
The Canadian economy added 303,000 jobs in March, well ahead of expectations for 100,000 jobs. Altogether, the total jobs number in Canada is now only 300,000 short of the pre-pandemic…
The USD to CAD exchange rate is nearly unchanged this morning after losing some ground yesterday, partially as a result of the unexpected stay-at-home order in Ontario. The Loonie is…
The Canadian dollar is weaker by 0.3% to and is now at a five day low as Ontario gets set to announce a two-week stay at home order later today. …
Since the beginning of the year, USD to CAD has been trading roughly at between 1.240 and 1.280 and this morning it is trading close to the middle of that…
The blowout jobs report in the US on Friday and the accelerating vaccination efforts in that country are further fueling the sense of overall economic optimism. Stocks are once again…
USD to CAD looks like it will end the week right around the 1.260 level, which is roughly where it started the week. The Loonie is up just 1.5% against…
The Canadian dollar grew 0.7% in January, above the previously estimated 0.5%. Total economic activity is now only 3% below pre-pandemic levels in February of 2020. There is really nothing…
As we enter the holiday shortened week, USD to CAD continues to hover around the 1.260 level, consistent with our short-term consensus forecast. Canadian GDP figures for January will be…