Market Overview Analysis & Opinion

The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.2849, down 0.13% on the day. In economic news, there are no Canadian events on the schedule....

The Canadian dollar gained on Wednesday after the U.S. Federal Reserve ended its two-day Federal Open Market Committee (FOMC) meeting and left the benchmark borrowing rate untouched at 100–125...

The pace of growth in the Canadian manufacturing sector slowed to a nine-month low in October as firms’ supply chains were disrupted by a hurricane in the United States and as new export orders...

The Canadian economy grew at an annualized 3.5% compared with a forecast 3.6%, marking a third straight month of a slowing economy. This disappointing reading led the loonie to lose 50 basis points...

The Canadian dollar is almost unchanged in the Wednesday session. Currently, USD/CAD is trading at 1.2881, down 0.05% on the day. In economic news, today’s highlight is the FOMC rate statement,...

The Canadian dollar depreciated on Tuesday versus its American counterpart. The monthly gross domestic product report published by Statistics Canada showed a 0.1 percent contraction in August....

The Canadian dollar continues to show a lack of movement this week. In the Tuesday session, USD/CAD is trading at 1.2903, up 0.51% on the day. In economic news, Canadian GDP declined 0.1%, short of...

Canada’s economy unexpectedly contracted in August, adding to signs of cooling following a torrid pace of growth in the first half of this year.Highlights of August GDP Repor Canada’s GDP...

Stock markets in Europe are broadly higher today and the IBEX 35 has gained the most ground. The Spanish government has dissolved the parliament in Catalonia, and has announced a snap election in...

The U.S. dollar saw strong gains on Friday morning as the U.S. Department of Commerce reported annualized Q3 growth of 3%, beating the projected 2.6%. This reading reinforced the likelihood of a U.S....

Monday, Oct. 30: Five things the markets are talking aboutThis is a busy week on many fronts; there are geopolitical risks in Spain (Catalonia) and the U.S., a plethora of central bank meetings and a...

The U.S. dollar saw quite a comeback yesterday for a number of reasons. Among the most significant were comments from the European Central Bank, which announced that it planned to extend its asset...

The Catalan regional parliament has voted to declare independence from Spain, just as the Spanish government appears set to impose direct rule.The move was was backed 70-10 in a ballot boycotted by...

The Canadian dollar continues to lose ground this week. In the Friday session, USD/CAD is trading at 1.2884, up 0.30% on the day. On the release front, there are no Canadian releases on the schedule....