Canada’s economy showed suprising strength in August and September. GDP expanded 1.2% in August, well ahead of consensus forecasts. Statistics Canada also released a preliminary estimate for September, which showed…
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News and Updates
The Canadian dollar is down another 0.4% this morning for a loss of 1.7% this week and now trading near its lowest levels since the beginning of August. Yesterday’s Bank…
The Canadian dollar is down 0.7% this morning and now trading at a 3-week low against the US dollar. Stocks continue their sell-off with the S&P down another 2.2% this…
The Canadian dollar ended up down 0.8% yesterday and was the worst-performing G-10 currency, as stocks sold off heavily and oil traded. All these assets were reacting to negative market…