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…
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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…

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…