Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months,…

USD The dollar fell for a second day on Wednesday, with the index closing 0.4% lower near 100.5, now down almost a percent since Tuesday’s CPI report.…

NZD/USD fluctuates between minor gains and losses on Thursday as the Reserve Bank of New Zealand’s (RBNZ) hawkish stance supports the Kiwi, while a stronger US Dollar…

US continues attacks on Iran – BoC left rates unchanged, delivered upbeat outlook – USD is trading sideways awaiting US retail Sales numbers. USDCAD open: 1.4041, overnight…

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our quarterly Monetary Policy Report and today’s decision. Governing Council maintained the…

 Big moves are becoming the norm in this market, and currency is no exception. Our Canadian dollar (CAD) has traded down to 70 cents on the dollar.…

SpaceX selloff an ominous sign as lockup expiry looms

By Erik Hertzberg (Bloomberg) — The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven…