The Canadian dollar gained about 4 pennies in the first two weeks of October and it has been mostly range-bound since then. In fact, despite some volatility around various news…
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News and Updates
The Canadian economy seems to be having trouble with the “last mile” of recovery and the currency exchange markets are showing their disappointment by pressuring the Canadian dollar. USD to…
Yesterday, the Bank of Canada moved forward its estimated date for beginning interest rate hikes to mid 2022 from the previous estimate of late 2022. The Bank has also ended…
The Bank of Canada has met the market’s aggressive expectations on rate increases, causing the Canadian dollar to firm up. The money markets were pricing in at least one rate…