Market Overview Analysis & Opinion

The Canadian dollar was softer on Monday after last week’s events boosted the USD against the loonie. Tax reform optimism and a message from the Trump administration that a Fed Chair candidate...

The loonie lost a little over 1% last week due to uncertainty surrounding NAFTA, but also due to the lack of inflationary pressure in Canada and disappointing consumer spending data. Another...

Wholesale sales rose 0.5% to $62.8 billion in August, led by the personal and household goods and motor vehicle and parts sub-sectors.Sales were up in four of the seven sub-sectors, together...

By Jason MartinWhile traders widely anticipate the Federal Reserve to undertake the next increase in interest rates in December, there is one hike that policymakers and markets seem to have forgotten...

Canadian retail sales unexpectedly fell in August due to the biggest month-over-month drop in purchases of food and beverages in three-years.Headline retail sales fell -0.3%. Market expectations were...

Late in the day yesterday, rumours surfaced that U.S. President Donald Trump was considering naming Jerome Powell to replace Janet Yellen as Chair of the U.S. Federal Reserve, which shook up the...

The collapse of the North American Free Trade Agreement would likely damage yet not derail the continent’s economy and business models of global corporations.That’s the conclusion of...

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 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 business sentiment survey released Monday by the Bank of Canada revealed that companies’ confidence in the Canadian economy remains high, although the survey did paint a somewhat less rosy...

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...