After two big up days and one big down day, the markets are taking a breather this morning. The USD CAD exchange rate is flat. US jobless figures came in…
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Canadian inflation data did not provide any new insight into the state of the economy. CPI was down YoY in April, as expected, and deflation remains a risk but no…
The markets were closed on Monday in Canada but not anywhere else and it was a very big day in the financial markets. News of progress on a vaccine candidate…
We continue to experience significant intraday volatility. Yesterday, the day started with the Canadian dollar down slightly but ended up with our currency regaining some lost ground from earlier in…
After a volatile day yesterday, the Canadian dollar is now down nearly 1.5% for the week. The market’s perception of the global recovery (both economically and from a public health…
Sentiment continues to fluctuate wildly as negative news flow from the pandemic collides with the enormous liquidity unleashed on the markets by central banks. Today, liquidity is on top and…
The Canadian dollar is at 1.410 this morning and close to unchanged against its closing levels on Friday. Tiff Macklem was announced as the next governor of the Bank of…