The US dollar has regained some of the lost ground from earlier this week and is up 0.4% this morning against the Canadian dollar. The stronger US dollar comes as…
The US dollar is down 0.2% this morning against the Canadian dollar. Since the beginning of the week, the US dollar has slowly but surely lost about 0.8% of its…
With stocks renewing their move up today and USD to CAD unchanged, we continue to see the decoupling of the exchange rate from equity prices. Yesterday, we started out similarly…
Markets are taking a slight breather from their recent runs which have pushed stocks to record levels and oil to pre-pandemic highs. The Canadian dollar is flattish and in the…
Stocks are once again hitting record levels globally and oil continues to climb up as a decline in infections and the increasing likelihood of a large ($1.9 trillion) and speedy…
Ouch! The unemployment rate in Canada rose 0.6% to 9.4%, the highest rate since August 2020. The country lost 213 thousand jobs in January, well above the expected 47 thousand…
The US dollar is up 0.2% against the Canadian dollar this morning as equities and oil start the day slightly to the upside. We do not expect much volatility today…
The Canadian dollar is flat this morning and hovering around the 1.280 level. The USD to CAD exchange rate has been trading between 1.260 to 1.290 since the beginning of…
The US dollar starts the month of February up 0.2% against the Canadian dollar. The move is part of broad USD strength against most major currencies and comes despite the…
Canada’s economy grew 0.7% in November which was better than the forecast of 0.4%. In the US, Personal income and spending levels for December also came in at better than…