As all eyes turn to the US Federal Reserve, the US dollar is trading its highest level against the Canadian dollar since the start of 2021. The market’s consensus view…
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News and Updates
US wholesale inflation, which is often a leading indicator of consumer inflation, hit its highest level in November in over a decade. That news comes shortly after we heard on…
A month ago we summarized the performance of the Canadian dollar in 2021. Just a couple of weeks later, the Omicron virus hit the financial markets and changed everything, including…
The Bank of Canada acknowledged both the surprisingly persistent inflationary pressures as well as uncertainty associated with Omicron but indicated that neither factor has changed the monetary policy plans laid…