Market Overview Analysis & Opinion

The Canadian dollar traded at a three-month low after the Bank of Canada (BoC) kept the benchmark interest rate intact as expected and delivered a dovish assessment of the economy and NAFTA...

The Canadian dollar has paused in the Thursday session, after sharp losses on Wednesday. Currently, USD/CAD is trading at 1.2793, down 0.03% on the day. On the release front, there are no Canadian...

After increasing the overnight rate target by 25 basis points twice last summer, the Bank of Canada hit the brakes this fall. While the Canadian economic outlook is still uncertain due to uncertainty...

Wednesday October 25: Five things the markets are talking aboutLater this morning, the Bank of Canada (BoC) will release its rate statement and quarterly monetary policy report (10 a.m. EDT). No rate...

Bank of Canada expected to stand pat on WednesdayThe U.S. dollar is trading higher against most major pairs. The EUR is the outlier as the USD is down against the single currency ahead of the European...

by Jesse CohenWith the Federal Reserve widely expected to raise interest rates in December for the third time this year, market players are looking to see who will replace Janet Yellen as Fed...

In a context devoid of major events, the greenback managed to gain ground yesterday against the other major currencies. Among the sources of support, one could note the impression that progress is...

The Canadian dollar is unchanged in the Tuesday session. Currently, USD/CAD is trading at 1.2655, up 0.06% on the day. On the release front, there are no Canadian events. The U.S. will release the...

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...