Market Overview Analysis & Opinion

The loonie saw a generalized rise yesterday, gaining more than 60 points against the U.S. dollar, despite the fact that no significant economic indicators were released in Canada. Often, such...

The Canadian dollar is unchanged in the Thursday session, after posting gains on Wednesday. In European trade, USD/CAD is trading at 1.2469, up 0.03% on the day. On the release front, U.S....

The Canadian dollar is higher on Wednesday on a surprise surge in manufacturing sales. Canadian manufacturing sales jumped 1.6 percent in August. The positive gain broke a trend of two negative...

The Canadian dollar continues to have an uneventful week. In the Wednesday session, USD/CAD is trading at 1.2523, up 0.02% on the day. We could see some movement from the pair in the North American...

The Canadian dollar depreciated against the U.S. dollar on Tuesday as the NAFTA negotiations intensify. The U.S. has made proposals that are expected to be rejected by Canada and Mexico, but neither...

The Canadian dollar has posted slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2537, up 0.15% on the day. On the release front, there are no Canadian releases, and no major...

The Canadian dollar depreciated on Monday after the release of the Bank of Canada (BoC) survey of managers. The Business Outlook Survey fell from 2.81 last quarter to 0.86. The anticipated slowdown in...

Mexico’s Finance Minister Jose Antonio Meade said Monday that the peso’s recent depreciation reflects uncertainty about the NAFTA renegotiation process, and he questions about how quickly...

Foreign investment in Canadian securities totalled $9.8 billion in August, down from $24.0 billion in July. At the same time, Canadian investors increased their holdings of foreign securities by $12.0...

Major stock markets, which reached record levels this week, saw a slight downturn Thursday, and the U.S. dollar edged up slightly after a rough start to the week. Despite the larger-than-expected drop...

The Canadian dollar depreciated on Thursday due to a report by the International Energy Agency that dampened the energy market’s optimism on demand growth. The IEA numbers put demand for...

The greenback remained under pressure and the USD/CAD pair broke through the 1.2500 level further to the release of the minutes of the most recent Federal Open Market Committee meeting, which were...

Canadian new home prices rose less than expected in August as prices were unchanged in a number of markets, including the cities of Toronto and Vancouver, which have been the country’s hottest...

The Canadian dollar appreciated after the release of the Federal Open Market Committee (FOMC) September meeting minutes. The U.S. Federal Reserve announced the details of its balance sheet reduction...