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…
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News and Updates
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…