News and Updates

Another quiet day in a generally quiet week for the Canadian dollar. The overall market direction has been incremental gains for the Canadian dollar versus the US dollar, mostly based on the perception that the Federal Reserve is inching ever closer to a rate cut in September, with markets currently betting that there is a 70% chance of this happening by then. This has helped alleviate some market concerns about the BoC getting too far ahead of the FED with respect to interest rate differentials.

The Canadian Dollar (CAD) is expected to face several influencing factors throughout the summer, with various economic indicators and monetary policy decisions playing pivotal roles. Here’s a comprehensive look at...

The Canadian Dollar has had an interesting week and has shown surprising resilience against a broadly stronger US Dollar as of late. Heading into the Canada Day long weekend, we…

This morning, hawkish comments by a Fed Governor have once again taken center stage. This time, it was comments by Governor Bowman, who indicated yesterday that interest rates should stay...