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.
September 10, 2017
USD/CAD Canadian Cent penny

USD/CAD Falls To Two Year Low Following Canadian Interest Rate Rise

The latest Canadian Dollar Interest rate announcement drove the USD/CAD to a two-year low compounding an extremely difficult week for the US and notably an increasingly weak Dollar. The Canadian Interest Rate Hike Announcement Markets hadn’t anticipated the Bank of Canada would increase rates in September therefore, their decision to do surprised markets. The effects […]