Market Overview Analysis & Opinion

The Canadian dollar appreciated on Thursday after a surprise gain by manufacturing sales. Oil prices continue to be under pressure after the large weekly buildup of U.S. crude stocks reported on...

Bank of Canada Senior Deputy Governor Carolyn Wilkins gave a dovish speech in New York City Wednesday evening. First, Wilkins mentioned that low inflation was one of many reasons justifying the BoC...

Manufacturing sales rose 0.5% to $53.7 billion in September, reflecting higher sales in the petroleum and coal product industry.Overall, sales were up in seven of 21 industries, representing 28.9% of...

by Jason MartinIf you’ve been following the soap opera that Brexit negotiations have become, one gets the impression that, though the UK's June 23, 2016 decision to split from the 28-member bloc...

The Canadian dollar appreciated against the U.S. dollar in Tuesday morning trading, only for the tables to be turned after the release of the Producer Price Index (PPI) in the United States. The price...

The Canadian dollar depreciated Monday with a flat oil price and little economic data to drive the market. The U.S. dollar rebounded from last week’s losses caused by the concerns surrounding...

by Jason MartinAs the months continue to drag on in the Brexit “negotiations” between the European Union (EU) and the UK, little progress has been made on the issues that really matter to...

After a quiet week on the economic front, the pace of fundamental releases picks up this week.Japan, the Eurozone and Germany will release preliminary Q3 GDP. In the U.K, British assets are expected...

Higher new home prices in British Columbia were responsible for most of the national gain in September, while results in the rest of Canada were mixed. New house prices in Canada rose 0.2% in...

The Canadian dollar rose on Wednesday with positive housing data and U.S. crude prices steady above $56. The trading week has brought little data so investors were happy to digest some positive news...

The Canadian dollar depreciated Tuesday with little support from Bank of Canada (BoC) Governor Stephen Poloz, who gave a speech in Montreal. U.S. Federal Reserve officials Randal Quarles and Fed Chair...

The rising trend in crude oil (WTI) picked up speed yesterday, hitting $57.30 in the afternoon after breaching technical levels on Friday (climbing above $55.25). The next zone to watch is the $58-$62...

The Canadian dollar appreciated 0.29 percent on Monday. Trading opened for the USD/CAD at 1.2771 and was on track to end near the 1.2721 price level. The economic calendar looks sparse this week, but...

The U.S. economy continues to churn out jobs at an impressive pace: +261,000 in October, although that reading is slightly below expectations (313,000). The previous month, which was strongly impacted...