The Canadian dollar is up 0.6% this morning. Jobs reports both in Canada and the US confirm that the economic reopening is happening at a quicker pace than expected. Canada…
The rally in the Canadian dollar has been on pause since yesterday. But that comes on the heals of a 3.5% gain over the prior 7 trading days. The currency…
The Canadian dollar is taking a breather from its relentless recovery of the last two weeks. We are lower by 0.2% this morning as we await the first exposure to…
The Canadian dollar continues its climb, up another 0.3% this morning. The loonie has now gained approximately 4% since mid-May. The civil unrest in the US is not impacting the…
The Canadian dollar continues to strengthen and is up another 0.3% against USD this morning. The Loonie is now at the highest level since early March. The reason for the…
The GDP figures for the first quarter, for March, and for April were all “bad” but within expectations. GDP dropped at an annualized 8.2 per cent in the first quarter. …
The Canadian dollar is holding steady this morning as the market considers various economic and geopolitical issues on the horizon. The loonie has gained 1.4% so far this week as…
It is a mixed day in the markets. Tech stocks are down heavy but other sectors are mostly up. Oil is down for the first time in a while. Rates…
Optimism abounds in financial markets today. Two companies reported progress in developing a COVID-19 vaccine. Also, the economic reopenings have so far proceeded without significant setbacks. The level of optimisim…
With the markets closed in the US and UK, we expect little movement today. The loonie is currently trading at right around Friday’s closing levels. Equities are up in Asia…