The impending cancellation of the Keystone XL project continues to weigh on the Canadian dollar, despite modestly improved risk sentiment this morning. The Canadian currency is slightly (0.15%) stronger against…
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News and Updates
The US dollar starts the week at around 1.277 after trading as low as as 1.263 last Thursday — a quick gain of 1.5 pennies over two days. The US…
We have received a lot of pushback on our description of the USD/CAD exchange rate as “volatile” but “directionless” over the last couple of weeks, especially from USD bears who…
The Canadian dollar is flat this morning as the markets focus on a speech expected today from Joe Biden that will detail the scale of his proposed spending package in…