The USD/CAD exchange rate is having a volatile day so far. The US dollar is currently down 0.4% against the Canadian dollar and now at its lowest levels since April…
The US dollar continues to grind lower against most major currencies and is down 0.2% against the Canadian dollar this morning. The Loonie continues to trade very near 2.5 year…
The Canadian dollar is holding steady at near 2.5 year highs as we wait to hear from the Bank of Canada tomorrow. No one expects a rate change but the…
The Canadian dollar has gained 1% against the US dollar since Thursday morning. The gains have been largely on the back of a declining US currency which is weakening against…
The US dollar lost 0.2% this morning against its Canadian counterpart as November jobs numbers south of the border missed badly. Non-farm payrolls increased by only 245k whereas economists had…
The Canadian dollar is trading at its highest level since May of 2018. There are three drivers of the increase in the value of the Loonie by 0.3% this morning. …
GDP grew 8.9% in the third quarter, following an 11.3% drop in the second quarter and a 1.9% decline in the first. Despite strong growth in the third quarter (which…
The Canadian dollar is trading at its highest level since September 2018 after gaining 04% this morning. The exchange rate is now trading through the 1.300 barrier for the second…
The Canadian dollar is 0.2% stronger this morning and has just barely broken through the 1.300 level. It is now at its strongest since the beginning of the pandemic but…
The Canadian dollar has found a level at just above 1.300 this week and it is not budging either way. A combination of factors have made the Canadian dollar very…