A large-scale invasion of Ukraine by Russian troops involving land, air and sea-based assaults is now a reality. As of Sunday morning, Russian troops were pounding Kyiv with citizen-soldiers taking up…
Read More
The dual uncertainty around the potential conflict between Russia and Ukraine and how to best tackle the inflation conundrum continue to hang over financial markets, leaving investors stuck somewhere between…
At this point, it is painfully clear that what most central banks had thought to be ‘transitory’ inflationary pressures are anything but that and instead are here to stay. This…
The Canadian dollar is up 0.8% today and trading at its highest level since July. USD to CAD is currently down to 1.248 (CAD to USD is up to 0.801). The Canadian…
Summary: Our qualitative view of the Canadian dollar exchange rate is broadly in line with the Interchange Financial Consensus Forecast. The Canadian dollar will be largely rangebound but strengthen modestly...
Read More
We have been bearish on the loonie since the beginning of the year, and especially since the beginning of the crisis. That view has been borne out as the Canadian…
We get asked a lot by our clients when we expect the “ups and downs” in the exchange rate market to stop. Our clients are making real life business and…
A terrific summary of what has been quite a turnaround for the Bank of Canada. We have gone from global slowdown on the horizon and domestic strength to domestic weakness…
Interchange Financial Corporation, Canada’s leading foreign exchange company, has launched a new index called the Consensus Canadian Dollar Forecast. The Interchange Financial Consensus Canadian Dollar Forecast draws on the views…
A nice summary of the back and forth between yesterday’s Senior Deputy Governor dovishness and the today’s fireside chat with Poloz where he said he thought monetary policy was just…