The National Bank of Canada

U.S. Federal Reserve Chair Jerome Powell opened the Jackson Hole economic symposium Friday with a speech hinting that the current pace of monetary tightening is appropriate. Powell noted that there...

The Canadian dollar had another very volatile day yesterday. The Governor of the Bank of Canada, Stephen Poloz, stated that leading up to the rate decision (July 11), the BoC was working on...

A mood of risk aversion swept over markets yesterday as trade tensions continued to escalate. The loonie, which is usually hard-hit in such an environment, once again took a beating, plunging to its...

The high-tension trade environment continues today with Canadian Foreign Affairs Minister Chrystia Freeland headed to Washington to resume NAFTA talks. As a consummate politician, Ms. Freeland merely...

Last week was once again relatively volatile on the various markets, in terms of currencies, interest rates and equities. All eyes were on the first meeting of the U.S. Federal Reserve (Fed) chaired...

It was a double whammy for the USD/CAD pair yesterday, as it plunged close to 200 points. Strong CAD: The concession by the United States on U.S. content for vehicles is very positive news for...

Stock markets rode out a second day of losses on Wednesday as protectionist rhetoric continued in Washington and February Retail Sales data disappointed. According to multiple U.S. media sources,...

Stock markets hailed the improving geopolitical climate and solid U.S. job performance on Friday. The Nasdaq gained 1.79% to reach a record high, while the S&P rose close to 1.7%. The U.S. dollar...

All signs would indicate that Jerome Powell attempted to temper his comments from Tuesday when he made his second appearance to testify before the U.S. Senate yesterday. In order to trim some...

The support provided by the presence of inflationary pressure in Canada for the loonie proved to be short lived. Our currency went on a roller coaster ride on Friday, possibly in anticipation of NAFTA...

HOLIDAY IN MOST OF CANADA AND IN THE UNITED STATES Financial markets finally appear to be stabilizing after a particularly volatile February. Further to a downturn of 11.8% between Jan. 29 and Feb. 9,...

Volatility persisted on financial markets as world stock exchanges experienced another eventful day on Friday. However, U.S. stocks were able to erase substantial losses to close the session in the...

On Friday, the U.S. dollar closed the day up against the Canadian dollar on the strength of encouraging job data in the United States and a shocking statement by Justin Trudeau and despite a...

NAFTA OR NOT? Bank of Canada Governor Stephen Poloz is fond of saying the Bank of Canada’s decisions depend on economic indicators. Friday’s inflation reading was in keeping with the...

The overriding theme on the currency market since the start of the year is without a doubt the generalized decline in the U.S. dollar. Yesterday was definitely in keeping with that trend until...

The protectionist rhetoric from the Trump administration and comments on the U.S. dollar by Treasury Secretary Steven Mnuchin accelerated the plunge in the greenback on Wednesday. The U.S. Dollar...