Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a...
Overview: Higher interest rates, driven by inflation expectations, is forcing an adjustment to equity markets. The S&P 500 is poised to gap lower today following slides...
Commodity currencies were clear winners today, and the Canadian dollar was among them. While the loonie failed to beat its commodity-linked counterparts, like the Australian and New Zealand dollars, it managed to gain...
The Canadian dollar has posted slight gains on Friday. Currently, USD/CAD is trading at 1.2646, down 0.24% on the day. Canadian dollar closes in on 1.26...
The Canadian dollar is down slightly in the Thursday session. Currently, USD/CAD is trading at 1.2703, up 0.02% on the day. Loonie yawns as ADP nonfarm...
US Futures Slide After China Reopening Disappoints; Yields Resume Rise Global stocks struggled to avoid a second day of declines on Thursday as hints of surging...
The Canadian dollar is trading lower for a second consecutive day. Currently, USD/CAD is trading at 1.2730, down 0.33% on the day. Canada inflation edges higher...
US dollar shows gains against G7 currencies The US dollar rebounded overnight on higher US yields, which coincided nicely with a short market, the greenback having...
Today, the Canadian dollar fell against its US competitor driven by the falling crude oil prices and the rising US Treasury yields that boosted the greenback. The USD/CAD currency pair recouped most of yesterday’s...
The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2643, down 0.40% on the day. It has been a busy start...
The Canadian dollar has posted considerable losses in the Friday session. Currently, USD/CAD is trading at 1.2746, up 0.34% on the day. US dollar flexes muscles...
Overview: Profit-taking weighs on equity markets, and the dollar is trading higher ahead of the weekend. Most Asia Pacific markets are still closed for the holiday,...
The Canadian dollar rallied against its Southern neighbor driven by the recovery in global crude oil prices, which had trended lower earlier. The USD/CAD currency pair fell to new lows as the greenback fell...
Futures Hit All Time High, Oil Soars Ahead Of Jobs Report With overnight US equity futures rising for a 5th straight day, tracking global markets, the...
Overview: While equities continue to march higher, the dollar is softer amid position squaring ahead of the US jobs data. Gold has stabilized after yesterday's shellacking. ...
The Canadian dollar has posted slight losses in the Monday session. Currently, USD/CAD is trading at 1.2811, up 0.27% on the day. Manufacturing PMI slows in...
Overview: The recovery from last week's equity slide continues today. In Asia Pacific region, Taiwan and India led with more than 2% gans. Stepped fiscal efforts,...
The Canadian dollar was one of the weakest currencies on Monday, falling against the majority of its most-traded peers, though not all of them. It was surprising to see such a poor performance considering that...
Most of the time, investors are focused on two V’s: value and volatility. However, two other V's will continue to dominate the month ahead for the investment...
The Canadian dollar has posted slight losses in the Monday session. Currently, USD/CAD is trading at 1.2811, up 0.27% on the day. Manufacturing PMI slows in...
The Canadian dollar strengthened against its US peer to close out the trading week, capping off a disappointing month as the greenback recorded gains against most of its currency competitors. The loonie found support...
Powerful corrective forces continue to grip the market. After a large rally to start the New Year, the correction is punishing.
Overview: The steepest loss in US equities since last October is rippling through the capital markets in the form of de-risking. The rout is not over,...
The New Zealand dollar was soft today, falling against the majority of most-traded currencies, though managing to eke out gains versus its commodity peers (but it has lost gains against...
The dollar wilts before the stimulus trade The US dollar index retreated overnight as markets continued to rotate out of US dollars and into global recovery...
Overview: The S&P 500 and NASDAQ gapped higher yesterday to record-levels, and the reflation theme lifted Asia Pacific shares for the third session today. South Korea,...
US stocks roared higher on strong tech earnings and as President Biden was sworn in and is widely expected to unleash several well-telegraphed executive orders. Risk...
The Canadian dollar is struggling for direction against its US counterpart on Tuesday, with the loonie finding support from a rebound in crude oil prices after enduring disappointing manufacturing numbers. The Canadian dollar...
Overview: The animal spirits are on the march today. Equities are mostly higher, peripheral European bonds are firm, and the dollar is mostly softer. After posting...
Global Markets, S&P Futures Flat With US Markets Closed For MLK Holiday US cash markets may be closed for Monday's MLK holiday, but US equity futures...