The near term picture for USD to CAD is going to be dominated by two opposing trends. Helping to push the Canadian dollar up is extraordinary support from central banks…
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News and Updates
All eyes were on the Fed yesterday as the market looked to the US central bank to provide guidance on monetary policy in light of the accelerating recovery. The Fed’s…
February inflation in Canada came in below expectations which caused the Canadian dollar to give up 0.2% against the US dollar. Despite the move, the Loonie continues to trade just…
The Canadian dollar continues to hover near 3-year highs this morning despite the fact that oil is down 1.5%. More broadly, the markets are in a holding pattern while we…