July 11, 2018
Canadian flag and skyscrapers

Canadian Dollar up Following June’s GDP Figure

The Canadian Dollar managed to shrug some trade and NAFTA driven pressure this week following the monthly GDP which showed good signs of life demonstrating 0.1% growth against the expected flat figure of 0.0%. The positive number added to the likelihood of a Canadian interest rate rise in July.
March 5, 2018

Canadian Dollar Tumbles as Trade Agreement Fears Continue and Growth Stutters

The Canadian Dollar continued to struggle against its US counterpart this week due to an array of circumstances that are widely outside of its control. The Loonie was hit hard due to the continuing lack of developments with the North American Trade Agreement negotiations, Trump’s new tariff announcements and Canada's Q4 GDP which saw growth miss expectations.
November 7, 2017
CAD exchange rates

CAD Exchange Rates Surge Following Employment Change

The CAD exchange rates picked up the pace on Friday following Canada's latest Employment change reading, pushing CAD to USD exchange rates to around 0.34%.