Higher oil prices no longer offer the Canadian Dollar reliable support, with housing stress, weak growth and rate differentials now driving CAD. Canada’s Dollar used to have…

The Canadian dollar made little movement on Thursday.      The loonie closed at US$0.7134 or US$1=C$1.4018 on Thursday, compared to US$0.7130 or US$1=US$1.4026 on Wednesday. The United…

Now, their approach appears to have shifted from education toward enforcement. The CRA may send a proposed RC243 Tax-Free Savings Account (TFSA) Return or assess tax based…

Why is Lasertec stock tumbling today?

The Wall Street Journal reports Scott Bessent’s Yen Trade Has Unintended Consequences for the Markets The joint U.S.-Japan support of the yen is unusual. The way it…

The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, consolidates during the Asian session on Friday as traders keenly await the…

USD/CAD extends its gains for the second successive day, trading around 1.4020 during the Asian hours on Friday. The pair continues to gain ground as the US…

Summary:USD/CAD climbed toward weekly highs as falling oil prices weakened the Canadian dollar despite strong domestic trade data. Canada’s trade surplus reached a four-year high, but the positive…